Trading volume in October was 32% above the monthly average for the year to date.
The Tel Aviv Stock Exchange (TASE) rally and institutional investors' renewed interest in it have boosted trading volumes to a two-year high, the TASE reported today. Average daily trading volume in stocks and exchange traded funds (ETFs) was NIS 1.45 billion in October and NIS 1.4 billion in bonds. Trading volume in October was 32% above the monthly average for the year to date.
"Trading volume in October was 35% higher than in the period preceding the extension of trading hours," said the TASE.
Capital market sources are reporting that investment institutions are channeling money to the TASE, after a long period in which they tended to invest overseas.
Published by Globes [online], Israel business news - www.globes-online.com - on November 6, 2013
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