Weekly Review: 27 November - 1 December 2011 TASE trading in the last week of November ended in sharp gains for all leading share price indices, similar to the trend in markets around the globe.

• The TA-25 index gained 6.6% over the week but is still 18.2% lower than its beginning-of-the-year level, following a 16% increase in 2010.

• The TA-100 index, which increased 6.8%, is 19.2% lower than at the beginning of the year, following a 15% increase in 2010.

• The TA Banks index stood out this week, climbing 10.2%, while the TA BlueTech-50 and TA Real Estate-15 indices were up 6.8% and 6.6% respectively.

• The Government of Israel floated government bonds on the local market equaling US $500 million. Since the beginning of the year, the government has raised US $16.1 billion in government bond issues, as opposed to US $15.2 billion in the 2010 calendar year.

• The Bank of Israel lowered the interest rate, for the second time this year, to a level of 2.75%, starting December 2011.

• The Central Bureau of Statistics released employment figures indicating that third quarter unemployment increased slightly to 5.6%, from 5.5% in the second quarter.

• The NIS/dollar exchange rate on December 1th came to 3.741 a weekly decrease of 1.4% against the shekel, which brings the year-to-date appreciation of the dollar to 5.4%, after depreciating 6% in 2010.

• The NIS/Euro exchange rate on December 1th came to 5.0432 up 0.1% over the week. The Euro has appreciated 6.4% against the NIS since the beginning of the year, after depreciating 12.9% in 2010.