Nonresidents' investments in Israel and Israelis' investments abroad in February 2009

6.4.2009
 
Nonresidents’ investments in Israel and Israelis' investments abroad in February 2009
 
 
Nonresidents increased their direct investments, continued to invest in shares on the Tel Aviv Stock Exchange (TASE), while selling government bonds
  In February nonresidents' investments in shares traded on the Tel Aviv Stock Exchange (TASE) totaled $190 million net, mostly in chemical and pharmaceutical companies. Investment in shares was notable for the third month in succession in light of the significant amount of sales in October and November 2008.
  Nonresidents' activity in government bonds in February resulted in net sales of about $300 million, mainly of Shahar-type bonds.
  Nonresidents' direct investment in February totaled $568 billion, higher than the monthly average in 2008. Most of the investment was in high-tech industries, and they included the purchase of a medical equipment manufacturing company.
  In February the government redeemed $620 million of bonds traded abroad.
Residents continued making all types of investment abroad
  In February Israelis invested about $630 million in securities traded abroad: about $300 million in shares, mainly by institutional investors, and $331 million in bonds, mainly by households and mutual funds, with investment of some $120 million by the business sector.
  Israelis' direct investments abroad via the banking system totaled about $80 million in February, mostly by high-tech companies.
 
Table 1:Nonresident Investment in Israel and Resident Investment Abroad
(net transactions, $ million)
  Year Quarters Months1
2008 Q1 2008 Q2 2008 Q3 2008 Q4 2008 Oct. 08 Nov. 08 Dec. 08 Jan. 09 Feb .09
1 Nonresident investment 8,425 3,036 2,914 2,182 293          
By investment type
Direct investment 10,542 2,729 3,050 2,921 1,842          
of which: through banking system 2 5,452 1,253 1,350 1,467 1,383 444 348 590 392 568
Portfolio investment 214 164 526 -1,155 680 -1,345 -1,196 3,220 904 -405
of which: securities issued on TASE -3,038 -21 149 -1,390 -1,776 -1,383 -445 51 408 -113
equity -1,597 475 746 -1,244 -1,574 -1,124 -448 -2 140 192
bonds -1,441 -496 -597 -146 -202 -259 3 53 268 -305
Other investment -2,331 144 -663 416 -2,229          
2 Resident investment abroad 13,921 3,160 4,881 2,869 3,011          
By investment type
Direct investment 7,719 1,489 1,000 1,525 3,706          
of which: through banking system 2 5,551 611 271 906 3,763 219 -3 3,547 144 80
Portfolio investment 1,687 -683 1,371 -176 1,175 787 -6 395 280 630
equity 1,440 -350 973 419 398 266 103 30 453 299
bonds 247 -333 398 -595 777 521 -109 365 -173 331
 
1 Monthly data appear only in items where monthly data is available.    
2 This item includes direct investment only as is reported by the local banking system.
  Direct reporting by corporations is received and updated on a quarterly basis.  
 


 
​​