Trading on the Tel Aviv Stock Exchange (TASE) in the last week of November was marked by high volatility in the stock market and declines in most of the leading indices, similar to the global trend.
The TA-25 index dropped 0.2% this week and is now higher by 10.2% from its level at the beginning of the year, after an increase of 75% rate of return attained in 2009.
The TA-100 index decreased by 0.3% and is now higher by 9.3% from its level at the beginning of this year. This follows a sharp increase of 89% in 2009.
The Finance index and the Real Estate-15 index dropped 1.0% and 0.5%, respectively. The Tel Tech-15, index of large technology companies, did not change.
The Israeli treasury raised US $340 million this week in a local government bond issues, bringing the 2010 total to US $13.6 billion, after total of US $17.4 billion raised in 2009.
The Bank of Israel announced on keeping the interest rate for December 2010 unchanged at 2%.
Also, The Bank of Israel's composite state-of-the-economy index rose by 0.1% in October, as in the previous two months, following an increase of 2.5% from the beginning of the year.
