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What's up at 54 Ahad Ha'am.(Tel Aviv Stock Exchange crisis)(Column)
From:
Israel Business Today
| Date:
December 9, 1994| Author:
Lumbroso, Andre
| COPYRIGHT 1994 Israel Business Today. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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The Tel Aviv Stock Exchange is performing at a 10-year low. The problem is lack of turnover. During the week of Dec 4, 1994, turnover was only $161.3 million. There are few market makers on the exchange, the only active traders being major shareholders who buy cheap and then wait for the market to pick up. Over 50% of the companies listed on the exchange have suffered losses compared to the same period in 1993.
It is generally agreed that the Tel Aviv Stock Exchange is experiencing...
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What's up at 54 Ahad Ha'am? (Tel Aviv Stock Exchange) (Column)
Israel Business Today
; So little occurred on the stock market that one feels tempted to reproduce verbatim the previous ... only change was that the negative trend became more pronounced. The stock indices declined further and at a greater rate, and turnovers that were low became close to insignificant. TASE--MAJOR STOCK INDICES ...
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