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Sunday Markets Up

By Barry Davidson
Sunday 25 October 2009

Tel Aviv--Trading was up today on Ahad HaAm Street. In fact, all the major indices closed positively.

In active trading on the Tel Aviv Stock Exchange (TASE), the index that closed the highest today was the Estate-15.

The Estate-15 index holds the top 15 companies, traded on the TASE, with the highest market capitalisation, whose focus is commerical real estate.

BOI Clarifies Its Rate Exchange Policy

By Barry Davidson
Friday 23 October 2009

Jerusalem--On Monday, 19 October 2009, the Bank of Israel (BOI) reiterated part of its monetary policy: the exchange rate.

According to a release by the BOI on the same day, it (BOI) operates in the foreign exchange markets.

Sometimes there are situations in which there are unusual exchange rate movements that are not in sinc with fundamental economic conditions.

Also, when disorderly conditions prevail in the foreign exchange market, the BOI does not have a specific exchange rate target.

Thursday's TASE Markets Down

By Barry Davidson
Thursday 22 October 2009

Tel Aviv--Today was a down day on Ahad HaAm Street. Traders seemed to behave with pessimism,.

That is because trading was down at the close of Thursday's markets on the Tel Aviv Stock Exchange (TASE).

Losses were most prominent on the high tech and mid-cap indices.

Shekel News Starting New Phase

By Barry Davidson
Thursday 22 October 2009

Tel Aviv--Internet site, "Shekel News" is entering its second stage.

Started on Sunday 13 September 2009, the original purpose of "Shekel News" was to present the news and politics of the Tel Aviv Stock Exchange (TASE).

On Monday 12 October 2009, "Shekel News" was ceased until now in order to do research on how to better focus the website. The goal of this is to figure out new ways to attract readers.

From today and onward, "Shekel News" will feature 3-5 articles on the TASE, all written by Barry Davidson.

Monday's TASE Markets Up

By Barry Davidson
Monday 12 October 2009

Tel Aviv--Monday's trading was up on the Tel Aviv Stock Exchange (TASE). This comes at the same time when the Bank Of Israel (BOI) released a report today that the New Israeli Shekel (n.i.s.) gained 1.4% against the U.S. Dollar and 1.2% against the Euro on the foreign currency exchange (FOREX) markets.

The strongest indices were the Tel-Div 20 and the Estate-15.

The Tel-Div was up today 2.09%, closing at 1184.49.

The Estate-15 was up 3.92%, closing at 302.33.

TASE Starts Week Confused

By Barry Davidson
Sunday 11 October 2009

Tel Aviv--Sunday is always considered the start of the work week in Israel. Also, a new week always brings optimism.

But, today, optimism was not everywhere on Ahad HaAm Street today. That is because markets on the Tel Aviv Stock Exchange (TASE) closed mixed in active trading.

On such indicator, the TA-25 index, was down 0.51%, closing at 1029.36.

Thursday's Ending the Week Positive

By Barry Davidson
Thursday 8 October 2009

Tel Aviv--Stock trading this week on Ahad HaAm Street is ending on a positive note.

That is because after a rocky week of mixed trading, highs and lows at the markets' close each day on the Tel Aviv Stock Exchange (TASE), Thursday's markets were generally up.

At the end of today's active trading, only three indices showed losses. The TA-75 index was down 0.40%, closing at 720.13. The Tel-Tech 15 was down 0.18%, closing at 222.81. The Tel - Div 20 index was down 0.12%, closing at 1,159.79.

Wednesday's TASE Mostly Dropped

By Barry Davidson
Wednesday 7 October 2009

Tel Aviv--Ahad HaAm was losing confidence today. This contradicted the positive energy of yesterday's trading.

That is because at the close of close of active trading today, the markets on the Tel Aviv Stock Exchange (TASE) were down. This despite that the Nasdaq yesterday was up.

Still high employment haunts the U.S. Fox News reported today that the unemployment in Detroit, the former capital of the crippled U.S. auto industry, was at least 28%. Fox news also stated that the number might be higher due to the number of people whom ceased looking for work. This coupled with what Fox News reporter Glenn Beck described on his news program yesterday, also on Fox U.S. news channel network, as a lack of economic policy of the Obama administration who is trying to drive the U.S. economy towards socialism.

Globes Does Not Know Stock Directions Today

By Barry Davidson
Wednesday 7 October 2009

Tel Aviv--The Internet site edition of the Israeli business news daily, "Globes", cannot seem to tell if the market is up or down today.

That is because it misreported the closing results of the TA-25 index. This is significant because this index is one of the leading indicators that "Globes" uses to guage stock trading on the Tel Aviv Stock Exchange (TASE).

BOI Report: Israel Wages and Production Recessing

By Barry Davidson
Tuesday 6 October 2009

Jerusalem--The Bank of Israel (BOI)asserted in its report yesterday that Israeli wages and industrial production was down due to the Israeli recession.

According to the Bank of Israel (BOI), the current Israeli recession began in the last quarter 2008 and is in continuation. The BOI asserted that the U.S. recession began a year earlier.

This is second recession of the first decade of 2000. The first recession, according to the BOI, began at the end of 2000 and continued until the last quarter 2003.

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