Weekly Review: 10 - 14 June 2012 Trading on the Tel Aviv Stock Exchange (TASE) during the second week of ended lower for all leading indices.

• The TA-25 index lost 3.7% over the week, bringing year-to-date losses to 3.3%.
Within the framework of the semi-annual rebalancing of TASE indices, the shares of EZchip Technologies, which dually trades on NASDAQ as well, will join the TA-25 index while the shares of media company, HOT, will exit the index, starting 17 June 2012.

• The TA-100 index fell 3.0% over the week, bringing year-to-date losses to 0.6%.

• The TA BlueTech-50 decreased 0.7% over the week, while the TA Banks and TA Real Estate-15 indices declined 3.8% and 2.8% respectively. Year-to-date, the TA BlueTech-50 has increased 23%, the TA Real Estate-15 gained 1%,  while the TA Banks index fell 4%.

• The Government of Israel floated US $634 million bonds on the local market this past week, bringing the year-to-date total of government bond issues to US $9.8 billion.

• Figures released by the Bank of Israel indicate that in April 2012 foreign investors sold a net US $1.2 billion T-bills, after liquidating a total of US $2.8 billion in T-bill investments during the first quarter of 2012.
At the same time, however, foreign investors invested a net US $60 million TASE-listed share in April, bringing total net stock purchases in the first trimester of 2012 to US $440 million.

• The NIS/US dollar exchange rate on 14 June remained unchanged at 3.881. Since the beginning of the year, the dollar has appreciated 1.6% against the NIS.

• The NIS/Euro exchange rate on 14 June came to 4.8763 an increase of 0.9% relative to the previous week. Since the beginning of the year, the Euro has depreciated 1.3% against the NIS.