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| Trading on the Tel Aviv Stock Exchange (TASE) in the fourth week of March was marked by gains in most leading indices.
The TA-25 index which gained 1.3% is now higher by 7.5% 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 rose 0.8% over the week and is now higher by 9% 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 2.1%. The Tel Tech-15 index of large technology companies rose 0.9% while the major financial institutions shares dropped 0.2%.
A total of $270 million was raised this week by the private sector in corporate bond issues. The total amount raised by the private sector so far this year comes to $2.5 billion after total of $9.3 billion raised in the entire 2009.
The Israeli treasury raised US $250 million this week in a local government bond issue, bringing the 2010 total to US $3.5 billion.
According to the Bank of Israel, the composite state-of-the-economy index rose by 0.2% in February 2010. The continuous rise in the index over the past year shows that the recovery in economic activity is continuing.
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