Weekly Review: : 1- 5 January 2012 The first week of TASE trading of 2012 ended in gains for all leading indices, in keeping with the global trend.

• The TA-25 index gained 2.5% over the week 4, following an 18% decline in 2011.
• The TA-100 index increased 2.9% over the week, following a 20% decline in 2011.
 
• The TA Banks and Real Estate-15 indices rose 5.6% and 3.8% respectively, while the TA BlueTech 50 index posted gains of 2.3%.
 
• The Bank of Israel released figures indicating that in November 2011 foreign residents liquidated some US $ 2 billion MAKAM T-bills, of which only US $70 million were reinvested in Israel government bonds, primarily NIS denominated non-linked bonds. In the period May-November 2011 foreign resident MAKAM liquidations came to US $7.9 billion. Concurrently, foreign investment in short and medium-term Israel government bonds came to US $4 billion.
No significant activity was noted in November 2011 regarding foreign investment in the equity market. Overall, since the beginning of 2011, foreign investment in TASE-listed shares came to US $0.7 billion.
 
• The NIS/dollar exchange rate on 5 January came to 3.854, a weekly increase of 0.9% against the shekel, following a 7.7% appreciation of the dollar in 2011.
 
• The NIS/Euro exchange rate on 5 January came to 4.9462 a 0.2% increase over the week, following a 4.2% appreciation of the Euro in 2011.