Weekly Review: March 14-18, 2010

The Third trading week of March on the Tel Aviv Stock Exchange (TASE) was marked by gains in all leading indices.
 
The TA-25 index which gained 0.5% over the week is now higher by 6% from its level at the beginning of the year, after a sharp rise of 75% rate of return attained in 2009.
 
The TA-100 index which also rose at the same rate is now higher by 8% from its level at the beginning of this year, after a sharp rise of 89% rate of return attained in 2009.
 
The large real estate companies' shares stood out this week with an increase of 2%, followed by the Tel Tech-15 index of large technology companies which gained 1.2%, while major financial institutions index remained unchanged.
 
The Israeli treasury raised US $270 million this week in a local government bond issue, bringing the 2010 total to US $3.3 billion.
 
The Central Bureau of Statistics announced that the Consumer Price Index for February 2010 declined by 0.3% and completed descent of about 1% from the beginning of the year.
 
According to the Bank of Israel, foreign investment in January 2010 totaled in US $1.9 billion in Israeli government bonds and makam (Israeli Treasury Bill) on the TASE, similar to the amount invested in whole of 2009.
 
Investment in TASE-listed shares in January 2010 increased by US $200 million after a total of US $1.7 billion invested in the whole of 2009.