The Jerusalem Post annual conference: 7 Israeli ministers will meet you there!
Foreign investment in Tel Aviv Stock Exchange tripled in 2013
By
February 9, 2014 13:41
Nonresident net investments reached about $1.5b in TASE shares in 2013, primarily in pharmaceuticals, banking and communications.
Tel Aviv Stock Exchange

Tel Aviv Stock Exchange TASE 311 (R). (photo credit:Gil Cohen Magen / Reuters)

Foreign investments in companies traded on the Tel Aviv Stock Exchange more than tripled from 2012 to 2013, according to figures the Bank of Israel released Sunday.

Nonresident net investments reached about $1.5 billion in TASE shares in 2013, primarily in pharmaceuticals, banking and communications industries. In 2012, the figure amounted to only $410 million, indicating an increase of some 266% in 2013.



Be the first to know - Join our Facebook page.



Nonresidents also bought $940 million in Israeli shares that were traded abroad, on exchanges such as the NASDAQ, in 2013.

All in all, though, Israelis invested more of their money abroad, with Israel's institutional investors putting some $3.36 billion into foreign shares, households investing $2.1 billion, and the business sector investing $1.3 billion abroad.

Relevant to your professional network? Please share on Linkedin

Tags:
  • Bank of Israel
  • business
  • finance
  • tel aviv stock exchange
  • Prev Article
    Ariel: Gov’t considering dropping VAT from some construction
    Housing and Construction Minister Uri Ariel
    money
    Your investments: Common mistakes retirees make
    Next Article
    Share this article via
    from around the web
    Related Content
    The Teva Pharmaceutical Industries
    April 30, 2015
    Teva doubles down on Mylan, despite rejection

    By GLOBES, NIV ELIS

    Top Stories
    Israel Weather
    • 10 - 24
      Beer Sheva
      9 - 20
      Tel Aviv - Yafo
    • 12 - 19
      Jerusalem
      10 - 20
      Haifa
    • 13 - 27
      Elat
      10 - 24
      Tiberias