Trading on the Tel Aviv Stock Exchange (TASE) during the third week of December was marked by high share price volatility and price gains in all leading indices.
The TA-25 index which increased 0.6% this week closed with a year-to-date return of 14%, after recording a 75% gain in 2009. On December 16, the TA-25 index reached a new record at the value of 1306.18 points.
The TA-100 index which increased 0.8% is now higher by 13.4% from its level at the beginning of this year. This follows a sharp increase of 89% in 2009. The TA-100 index also reached a new record level this week, at the value of 1207.46 points.
The Real Estate-15 index gained 1.5%, while the Tel Tech-15 index and the Finance index rose 1% and 0.8% respectively.
The Israeli treasury raised US $400 million this week in a local government bond issues, bringing the 2010 total to US $14.7 billion, after total of US $17.4 billion raised in 2009.
Figures released by Israel’s Central Bureau of Statistic indicate that the Consumer Price Index (CPI) for November rose by 0.1%, completing 2.3% increase from the beginning of the year.
