In keeping with the global trend, trading on the Tel Aviv Stock Exchange (TASE) during the second week of October was marked by price gains in all leading indices.
The TA-25 broke its April 2010 record level this week. In total, the TA-25 index gained 3.3% over the week and is now higher by 9.7% from its level at the beginning of the year.
The TA-100 index rose by 3.6% and is now 8.8% higher from its level at the beginning of this year. This follows a sharp increase of 89% attained in 2009.
The Real Estate-15 index stood out this week with a 6.8% increase. The Finance index and the Tel Tech-15 gained 4.4% and 0.7%, respectively.
The Israeli treasury raised US $480 million this week in a local government bond issues, bringing the 2010 total to US $11.5 billion, after total of US $17.4 billion raised in 2009.
The Bank of Israel published its Economic Developments Review for May–August 2010. The data indicates that Israel's recovery from the economic crisis continued, the improvement includes most industries in the economy and the unemployment rate returned to low level of 6.2%, as before the economic crisis.
