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TASE- The Week in Review: November 29th – December 3rd

Business Wire, Dec 03, 2009

TEL AVIV, Israel — Gains in all leading indices marked the opening week of December on the
Tel Aviv Stock Exchange (TASE).

The TA-25 index, which rose 3.3% during the week, completed a cumulative
year-to-date increase of 70%. The TA-75 index increased also at the same
rate this week, bringing the cumulative year-to-date return to 143%.
This performance can be attributed to the sharp increase in share prices
of companies involved in the discovery of gas, in two sites off Israels
Mediterranean shore, earlier this year.

The large real estate companies and the major banks shares advanced
5.5%-6%, while the hi-tech index gained this week only 2%.

On December 1st Tel Aviv Stock Exchange (TASE) launched a bond index
tracking corporate bonds denominated in New Israeli Shekels (NIS), which
are not linked to the Consumer Price Index (CPI), and bear fixed
interest. Some more details regarding this index can be found at:

http://www.tase.co.il/TASEEng/NewsandEvents/PRArchive/2009/PR_20091117_1.htm

The Israeli treasury raised an additional US $320 million this week in a
local government bond issue. Since the beginning of the year, the
government has raised approximately US $16.3 billion – 10% higher than
the amount raised during the entire year of 2008.

About TASE:

Established in September 1935, the Tel-Aviv Stock Exchange is Israels
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, 355 index-tracking products, 36
series of government bonds, 586 series of corporate bonds and 1165
mutual funds
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