Weekly Review: 19- 23 August 2012 Trading on the Tel Aviv Stock Exchange (TASE) during the third week of August ended higher for most leading indices.

• The TA-25 index increased 0.9% over the week, bringing year-to-date up to 2.2%.    
                          
• The TA-100 index gained 0.3% over the week, up 0.6% since the beginning of the year.

• The TA Banks stood out with a 2.4% increase over the week, while TA BlueTech-50 increase 0.4% and TA Real Estate-15 was off 0.2%. Since the beginning of the year the BlueTech-50 increased 23%, while the TA Real Estate-15 and TA Banks decreased 13% and 8% respectively.

• The government of Israel floated US $ 450 million bonds on the local market in this past week, bringing the year-to-date total of government bond issues to US $ 14.6 billion, as opposed to US $ 18 billion in the 2011 calendar year.

•  The Central Bureau of Statistics shows that the growth rate is 3.2% (annualized) in the second quarter of 2012, compared to about 2.8% in the first quarter and  3.1% in the last quarter of 2011

• The Bank of Israel released figures for the composite State-of-the-Economy index, increased 0.2% in July – which indicate a stable pace this year, but lower than last year.
 
• The NIS/dollar exchange rate on August 23 came to 4.003 NIS, a weekly decrease of 0.6% against the shekel. Since the beginning of the year, the dollar has appreciated 4.8% against the NIS.

• The NIS/Euro exchange rate on August 23 came to 5.0251 NIS, a weekly increase of 1.0% against the shekel. Since the beginning of the year, the Euro has appreciated 1.8% against the NIS.