Weekly Review: 25-29 December 2011 The final week of trading on TASE in 2011 ended in a mixed trend for leading share price indices.

• The TA-25 index lost 0.5% over the week and finished the year 18.2% lower than its beginning-of-the-year level, following a 16% increase in 2010.

• The TA-100 index, which decreased 0.4% over the week, closed 2011 20.1% lower than its beginning-of-the-year level, following a 15% increase in 2010.

• The TA BlueTech-50 and Real Estate-15 rose 0.7% and 0.9% respectively, while the TA Banks index lost 2.5%.

• The Bank of Israel left the January 2012 interest rate unchanged, at 2.75%.
In addition, the growth forecasts released by the Bank of Israel were revised  to 4.8% for 2011 and 2.8% for 2012.

• Employment figures released by Israel's Central Bureau of Statistics indicate that unemployment fell to 5% - the lowest rate recorded in 30 years, as opposed to 6.6% in 2010.

• The NIS/dollar exchange rate on 29 December came to 3.817, a weekly increase of 0.9% against the shekel, which brings appreciation of the dollar in 2011 to 7.6%, following the 6% depreciation of the dollar in 2010.

• The NIS/Euro exchange rate on 29 December came to 4.9142 a 0.6% decrease over the week. In 2011 the Euro appreciated 3.7% against the NIS since the beginning of the year, after depreciating 12.9% in 2010.