TASE Up, TA-25 Keeps Climbing
By Barry Davidson
Tuesday 6 October 2009
Tel Aviv--It is on the rise and it is found on Ahad HaAm Street in Tel Aviv. This continues the upward trend on the Tel Aviv Stock Exchange (TASE) from yesterday.
Yesterday, the TA-25 index climbed above 1000, after falling during Sunday's trading. Today, the index was up 1.63%, closing at 1025.92.
This continued trend happened as the the Nasdaq continued to rise. Currently, at 21.45, Tel Aviv time, the Nasdaq is up 1.57% from yesterday, currently closing at 2100.63. The current time in New York City at the time of writing this article is 15.45. The Nasdaq closes trading at 16.00, New York Time.
TASE Trading Day Shorter Due to Succoth
By Barry Davidson
Monday, 5 October 2009
Tel Aviv--During the Succoth holiday, many Israel businesses are operating on a partial day schedule. The Tel Aviv Stock Exchange (TASE) is no exception.
According to the TASE website, trading on the TASE ceases at 14.45, during the Succoth Holiday.
The Succoth holiday, which began on 3 October, ends on Sunday, 11 October.
After the close of this holiday, the TASE will resume its normal market hours, from trading opening at 9.00, in the morning, and until closing at 16.30, which is in the afternoon.
As Nasdaq Rebounds, So Does the TASE
By Barry Davidson
Monday 5 October 2009
Tel Aviv--Monday is a day of rebound and recovery in the both the U.S. 8and the Israeli stock markets.
This comes after a dismal trading close on Friday for the NYSE and the Nasdaq Markets in the U.S. Both markets closed down.
On Sunday the Tel Aviv Stock Exchange (TASE) was down. Yesterday, "Shekel News" reported that especially down at the markets's close on Ahad HaAm Street were Israeli housing and real estate investment stocks.
TASE Opens Succoth Depressing
By Barry Davidson
Sunday 4 October 2009
Tel Aviv--Succoth is the fall Jewish holiday of booths. It is customary for Jews, on this holiday, to build a booth, called a Succah, in order eat, sleep and invite guests to enter into it.
But today, it seems that Ahad HaAm Street was not in a festive mood today. That is because, the Tel Aviv Stock Exchange (TASE) was down today. However, bonds trading was mixed today.
Shekel News First Place in Google Search
By Barry Davidson
Sunday 4 October 2009
Tel Aviv--It is considered hard to be on the top of Google. That might explain why there are so many websites devoted to the subject.
In fact, when one searches today on Google for the terms, "rank number 1 on Google", about 106,000,000 sites are found in order of keyword ranking and relevance to the topic searched.
Well, "Shekel News", the website devoted to the news and politics of the TASE (Tel Aviv Stock Exchange), must have begun to beat the odds in a little over in its two weeks of operation.
Shekel News Growing on Twitter
By Barry Davidson
Saturday 3 March 2009
Tel Aviv--Since its inception on 13 September 2009, "Shekel News" has grown to no viewers to close to 440 followers daily on Twitter.com . And the number of followers on Twitter keep growing daily.
"Shekel News" is a website which focuses on the news and politics of the Tel Aviv Stock Exchange (TASE). It is based in the Tel Aviv. It is produced by Media HaBayit, a media and web design firm owned and founded by Tel Aviv resident, Barry Davidson.
YNet Not Invested Information On Money Laundering Scandal
By Barry Davidson
Friday 2 October 2009
Tel Aviv--Yesterday, 1 October 2009, YNet, the online version of the Israeli newspaper, Yedioth Aharonoth, reported Russian businessman, Arcady Gaydamak, several top executives of the Bank Hapolaim investment subsidiary.
Ynet further reported that they are suspected of perpetrating fraud, money laundering amounting to 650 million N.I.S. According to YNet, Gaydamak announced will show up for court in Israel 'to show indictment is baseless'.
What YNet failed to mention that in the release from the Bank of Israel (BOI), there is no mention of the Gaydamak in its investigation.
TASE and Government Ministries Fail In English
By Barry Davidson
Friday 2 October 2009
Tel Aviv--Israel might be considered an export dominant market. But one might not know this by looking at its major financial news and government ministry websites.
"Shekel News" analysed many of the major Israeli websites that deal with the Tel Aviv Stock Exchange and monetary regulation. The discovery that surfaced was that although most of the websites were updated in Hebrew frequently, many of the sites were not made current in English.
This is significant because without proper information in English, many foreign investors who do not have knowledge of Hebrew miss out on Israeli investment oportunities and local market knowledge.
According to the CIA World Factbook, the official Israeli goverment languages are English, Arabic and Hebrew.
TASE Up Today, U.S. Markets Down
By Barry Davidson
Thursday 1 October 2009
Tel Aviv--While many people have said that the U.S. economy has a direct influence on the trading volume that passes each market day on Ahad HaAm Street, there was a surprise for all.
While the U.S. markets at the end of today's market trading, those on the Tel Aviv Stock Exchange (TASE) were up.
Today on the U.S. markets, the Nasdaq market was down by 2.51%, closing at 2069.12. On this market stocks offered by smaller companies, historically called "penny stocks" are traded. And with the shaky U.S. economy, such companies today showed that this market is certainly risky with loss of trader confidence that make losses certain.
Wednesday's Markets Down
By Barry Davidson
Wednesday 30 September 2009
Tel Aviv--After showing strong gains in active trading in the past days, Ahad HaAm Street saw that excitement go sour.
The Tel Aviv Stock Exchange closed today, the last day of September 2009, with losses as active trading was down in its stock indicies.
It was only yesterday when the TA 25 closed above the 1000 mark at 1,015.95. Today it fell 2.04%, closing at 995.27.


