Foreigners invest net $80 million in shares on Tel Aviv Stock Exchange in March
FDI down at $507M in March
Foreign direct investment through distributed across range of companies, Bank of Israel says
Israel
received $507 million worth of foreign direct investment through local banks in March, down from $1.04 billion in February
but above $340 million in January, the Bank of Israel said on Sunday.
Business Relations
Martin O’Malley works to establish good relations with Israeli business community while his state builds itself as stronghold for Israeli startup companies making move to United States
Foreign direct investment in March was distributed across a range of companies, the central bank said. In February, FDI jumped due to a $650 million acquisition by NCR of Israeli retail software company Retalix.
Foreigners invested a net $80 million in shares on the Tel Aviv Stock Exchange in March, following net investment of $550 million the prior two months.
In March, foreigners sold around $320 million net in unlinked government bonds that had matured and sold around $70 million in short-term bills called makams.
Preliminary figures for April indicate sales of about $100 million in makams, investment of $530 million in government bonds and purchases of $100 million in Tel Aviv-traded shares.
