Tel-Aviv - TASE- The Week in Review: November 1st - November 5th

In keeping with the trend in international financial markets, trading on the Tel-Aviv Stock Exchange (TASE) during the first week of November was marked by a mix trend.

The TA-25 index remained without change during the week, after a relatively high year-to-date return of 55%. The TA-75 index dropped 1.3%, yet continues to shine with a cumulative year-to-date return of 129%. These extraordinary returns stem from the sharp increase in share prices of companies involved in the discovery of gas on two sites off Israel?s Mediterranean shore, earlier this year.

Leading descending indices this week were the large real estate companies and the major finance companies sliding 3% and 2% respectively, while the hi-tech companies share prices raised 0.3%.

"Delek Group" raised US $220 million in a public bond issue this week. The "Israel Aerospace Industries", the largest aerospace and defense industry in Israel (government owned), also raised US $120 million in a public bond issue this week. Since the beginning of the year the private sector raised about US $7 billion in public bond issues - 45% higher than the amount raised in public bond issues during the entire year of 2008.

The Israeli treasury raised an additional US $320 million this week in a local government bond issue. So far this year, the government has raised approximately US $15.4 billion, slightly higher than the amount raised during the entire year of 2008.

About TASE:

Established in September 1935, the Tel-Aviv Stock Exchange is Israel?s sole stock exchange, offering an increasingly sophisticated range of products to investors, including equity, corporate bonds, treasury bills and notes, index products and derivatives. The Tel-Aviv Stock Exchange features 627 companies listing equities, 345 index-tracking products, 37 series of government bonds, 578 series of corporate bonds and 1136 mutual funds. As of September 2009, the exchange?s market capitalization in equities was over US$200 billion. In recent years, the exchange has enhanced its international presence, signing Memorandums of Understanding with the London Stock Exchange, NASDAQ, the Shanghai Stock Exchange and NYSE-Euronext.

Visit the Tel Aviv Stock Exchange's Website www.tase.co.il