Nonresidents' investments in Israel, and Israelis' investments abroad in October 2012
Continued investments by nonresidents in government bonds and by instituional investors in foreign shares
Continued investment in government bonds
Bonds and makam: In October 2012, nonresidents invested a net $470 million in government bonds and sold about $170 million net in makam. Preliminary figures for November indicate continued investment by foreign residents in government bonds. Since the beginning of the year, nonresidents have sold about $520 million in government bonds and some $3.5 billion in makam.
There were investments of about $40 million in government bonds traded abroad in October.
Israeli shares: In October, nonresidents sold a net $40 million in shares on the Tel Aviv Stock Exchange (TASE), in contrast to net investment of some $490 million in July-September combined. Preliminary figures for November indicate little change, on balance, in TASE-traded shares by nonresidents. There were net sales of about $250 million in Israeli shares traded abroad in October.
Nonresidents' direct investment: In October, nonresidents' net direct investment in Israel via domestic banks totaled about $415 million, most of which was invested in the manufacturing industry.
Investment in foreign shares by institutional investors
Shares: In October, net investments by Israeli residents in foreign shares traded abroad totaled about $300 million: investments of about $370 million by institutional investors, and about $30 million by households, were partially offset by sales of about $100 million by the business sector. Since the beginning of the year, Israeli residents have invested about $2.9 billion in foreign shares traded abroad.
Bonds: In October, residents sold a net $60 million in tradable bonds abroad—about $40 million by institutional investors and about $20 million by household investors.
Direct investment abroad: In October, net direct investments abroad totaled some $210 million, mainly concentrated in investments by the insurance and provident fund industry.