Weekly Review: October 17-21, 2010

Trading on the Tel Aviv Stock Exchange (TASE) during the third week of October was marked by high volatility and price gains.
The TA-25 index which raised 1.2% this week is now higher by 11% from its level at the beginning of the year, following a 75% increase in 2009.
On October 21, the index reached a new peak at the value of 1272.25 points.
The TA-100 index which increased the same is now 10% 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 rose by 1.7% this week, the Finance index and the Tel Tech-15 index increased 1%.
The Israeli treasury raised US $350 million this week in a local government bond issues, bringing the 2010 total to US $12 billion, after total of US $17.4 billion raised in 2009.
Figures released by Israel’s Central Bureau of Statistic shows that the Consumer Price Index (CPI) rose by 0.3% in September. Since the beginning of 2010 the index rose by 1.9%.