Nonresidents' investments in Israel, and Israelis' investments abroad
Moderate sales in bonds and makam
Bonds and makam: In August 2012, nonresidents sold a net $90 million in government bonds and about $10 million in makam, following sales of about $1 billion in government bonds and some $3.3 billion in makam since the beginning of the year. About $110 million of government bonds traded abroad were sold in August.
Preliminary figures for September indicate further moderation in nonresidents' activity in bonds and makam.
Israeli shares: In August, nonresidents invested a net $160 million in shares on the Tel Aviv Stock Exchange (TASE), following net investment of some $260 million in July. Preliminary figures for September indicate a moderation in the volume of investment in TASE-traded shares by nonresidents.
Nonresidents' direct investment: In August, nonresidents' net direct investment in Israel via domestic banks totaled about $500 million, most of which was invested in the manufacturing and high tech sectors, and was spread among a relatively large number of companies.
Investment in foreign securities by institutional investors
Shares: In August, net investments by Israeli residents of foreign shares traded abroad totaled about $780 million; investments by institutional investors of about $720 million and of about $90 million by households were partially offset by $30 million in sales by the business sector.
Bonds: In August, residents invested a net $40 million in tradable bonds abroad—households invested a net $90 million, which was partially offset by net sales by institutional investors.
Direct investment abroad: There was moderate direct investment abroad activity in August, with most activity focused in the insurance and provident fund industry.