|
| |
| Trading on the Tel-Aviv Stock Exchange (TASE) during the fourth week of January was marked by high volatility, with most of the leading indices closing down.
The TA-25 index dropped 0.4% this week. The index cumulative gain from the beginning of the year is about 0.5% after posting returns of 16% in 2010.
The TA-100 index which declined 0.3% gained 1.4% from the beginning of the year. This follows a 14.9% increase in 2010.
The Real Estate-15 index increased 1.6% while The Tel Tech-15 index and The TA-Banks index dropped 2.7% and 1.6%, respectively.
The Israeli government raised US $400 million this week in a local government bond issues, bringing total government bond issues since the beginning of the year to about US $ 1.2 billion.
Figures released by Israel’s Central Bureau of Statistic show that unemployment rate rose from 6.5% during April - July 2010 to 6.8% during October – November.
The Bank of Israel increases the interest rate for February 2011 by 0.25%, after 4 month without changes, to a level of 2.25%.
The US dollar exchange rate on January 27 was 3.656 NIS, gaining 0.7% over the week. In 2010 the NIS appreciated against the US dollar by some 6%.
The Euro exchange rate on January 27 came to 5.018 NIS, gaining 2.1% over the week. In 2010 the NIS appreciated 12.9% against the Euro.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
