TASE Trading 28-31 May, 2012 Trading of the Tel Aviv Stock Exchange (TASE) in the final week of May ended higher for most leading indices.

• The TA-25 index increased 1.3% over the week, bringing year-to-date losses to 1.9%.

• The TA-100 index gained 1.1% over the week, up 0.3% since the beginning of the year.

• The TA BlueTech 50 and TA Real Estate-15 indices were up 1.3% and 0.2% respectively, while the TA Banks index stood out this week with a 0.8% decrease. Year-to-date, the TA BlueTech-50 has increased 21%, the TA Real Estate-15 gained 3%,  while the TA Banks index fell 5%.

• The Government of Israel floated US $522 million bonds on the local market this past week, bringing the year-to-date total of government bond issues to US $8.9 billion.

• The Bank of Israel left the interest rate for June unchanged for the fifth consecutive month, at 2.5%.

• The NIS/US dollar exchange rate on 31 May came to 3.881 a weekly increase of 0.9% against the shekel. Since the beginning of the year, the dollar has appreciated 1.6% against the NIS.

• The NIS/Euro exchange rate on 31 May came to 4.8173 a decrease of 0.4% relative to the previous week. Since the beginning of the year, the Euro has depreciated 2.4% against the NIS.