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Globes: Foreign investment in TASE falls sharply in August

Published on Oct 10 2012 // Business and Financial News, Market

10 October 12 13:20–Nonresidents invested a net $160 million in Tel Aviv Stock Exchange (TASE) listed shares during August 2012, after investing a net $260 million in July, the Bank of Israel reported today. It added that preliminary figures for September show a drop in nonresidents’ investment in the TASE.

Nonresidents’ net direct investment via domestic banks totaled $500 million in August, most of which was invested in the manufacturing and high-tech sectors, and was spread among a relatively large number of companies.

Nonresidents sold a net $90 million in government bonds and $10 million in makams (short-term Treasury notes), following net sales of $1 billion in government bonds and $3.3 billion in makams in January-July. $110 million of government bonds traded abroad were sold in August…Read More>>

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