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Tel Aviv Stock Market Shows Record Inflows, Best Month in Nine Years
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by Joshua Levitt
Stock market fixings. Photo: WikiCommons.
Equity funds invested in Israel’s stock market raised a net NIS 880 million ($250 million) in October 2013, the best month recorded since January 2004, Israel’s Globes business daily reported, citing a report by Meitav DS Holdings.
Stock market fixings. Photo: WikiCommons.
Globes said NIS 300 million came into the funds last week, as the Tel Aviv Stock Exchange (TASE) mirrored rallies on other global markets. The Tel Aviv 25 Index hit a high of 1,308 points last Wednesday, up 13% since August 1.
