Weekly Review: 2- 6 September 2012 Trading on the Tel Aviv Stock Exchange (TASE) during the first week of September ended lower for all leading indices.

• The TA-25 index lost 0.7% over the week, bringing year-to-date gains to 2.5%.

• The TA-100 index fell 1.0% over the week, leaving it with a 1.1% return since the beginning of the year.

• The TA Banks and TA Real Estate-15 indices lost 2.7% and 1.8% respectively, while the TA BlueTech-50 lost only 0.3%. Year-to-date, the TA BlueTech-50 has increased 27%, while the TA Real Estate-15 and TA Banks indices declined 12% and 10.5% respectively.

• The Government of Israel floated US $400 million bonds on the local market this past week, bringing the year-to-date total of government bond issues to US $15.5 billion, as opposed to 18 billion in the entire 2011 year.

• Figures released by the Bank of Israel indicate that foreign residents invested a net US $260 million in TASE-traded shares in July and a net US $430 million since the beginning of the year. Similarly, foreign investors purchased a net US $510 million and US $10 million in government bonds and T-Bills (Makam) respectively, in July, after liquidating holdings of US $1.5 billion and US $3.3 billion in these instruments respectively, since the beginning of the year.

• Figures released by Israel's Central Bureau of Statistics indicate that the unemployment rate in July declined to 6.5% from 7.1% in the previous month.

• The NIS/US dollar exchange rate on 6 September came to 4.025, depreciating 0.1% against the NIS over the week. Since the beginning of the year, the dollar has appreciated 5.3% against the NIS.

• The NIS/Euro exchange rate on 6 September came to 5.0856, increasing 0.9% over the previous week. Since the beginning of the year, the Euro has appreciated 3.0% against the NIS.