Trading on the Tel Aviv Stock Exchange (TASE) in the last week of February was marked by declines in most leading indices.
The TA-25 index which decreased by 0.5% this week is still higher by 1.3% from its level at the beginning of this year, after a sharp rise of 75% rate of return attained in 2009.
The TA-100 index decreased this week at a similar rate and is higher by 2.6% from its level at the beginning of this year, after a sharp rise of 89% rate of return attained in 2009.
The Tel-Tech-15 index shares rose by 1.3%, while leading finance companies and real estate companies shares dropped 2.8% and 1.6%, respectively.
The Israeli treasury raised US $330 million this week in a local government bond issue, bringing the 2010 total to US $2.6 billion.
The Consumer Price Index for January 2010 declined by 0.7%, therefore Bank of Israel announced the interest rate level on March 2010, will stay 1.25% - a third consecutive month.
According to the Bank of Israel, the composite state-of-the-economy index rose by 0.2% in January 2010, after a cumulative increase of about 3.3% from March 2009 until the end of the year.
