In keeping with global trends, trading on the Tel Aviv Stock Exchange (TASE) during the third week of August was marked by gains in all the leading indices.
The TA-25 index which gained 2% over the week is now higher by 1.5% from its level at the beginning of the year, following a 75% increase in 2009.
The TA-100 index which rose 1.8% is now 0.2% higher from its level at the beginning of this year. This follows an 89% increase in 2009.
The Finance index and the Real Estate-15 index stood out this week with a 2.6%. The Tel Tech-15 index closed the week with a 0.8% increase.
The Israeli treasury raised US $290 million this week in a local government bond issue, bringing the 2010 total to US $9.1 billion after total of US $17.4 billion raised in 2009.
Figures released by Israel’s Central Bureau of Statistic indicate that the GDP in the second quarter of 2010 rose by 4.7% (in annual terms) after a 3.6% increase in Q1. In conclusion of the first half of 2010, the GDP rose by 4.1% after rising 3.3% at the previous half, and a 1.5% decrease in the first half of 2009.
The Consumer Price Index (CPI) for July rose by 0.5%, completing 1.2% increase from the beginning of the year.
