Israelis owned NIS 1.74 trillion in financial assets in July 2006, an increase of 1.6%, or NIS 28 billion, compared with June, the Bank of Israel reported today. The public’s financial assets are less than the all-time high of NIS 1.75 trillion.
The public’s financial assets amount to NIS 249,000 per capita and NIS 697,000 per family. The financial assets held by the top decile are NIS 946,000 per capita and NIS 2.27 million per family.
Israelis’ investment in Tel Aviv Stock Exchange (TASE) stocks rose by 4.7%, or NIS 17 billion, in July to NIS 357 billion, and by 8.2%, or NIS 27 billion, in January-July. Israelis’ investment in foreign stocks was unchanged in July at NIS 67 billion, but rose by 20%, or NIS 11 billion in January-July.
Published by Globes [online], Israel business news - www.globes.co.il - on September 19, 2006
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