Tuesday, October 12, 2021

TASE - Tel Aviv Stock Exchange

The total value of the companies traded on the Tel Aviv Stock Exchange (TASE) passed above the one trillion shekel threshold last month, equaling $310.1 billion. The increasing prominence of Israeli stocks on the global stage is led by the country's technology sector. In fact, Israel is one of the most tech-forward markets in the world outside of the U.S. and some Asian economies.

The total value of all the companies traded on the TASE has risen 25% from just over NIS 800 billion at the end of 2020. Since then the number of companies traded on the TASE has risen 18% from 450 to 530. Since the end of 2018, the value of all the companies traded on the TASE has risen by more than 40%,” according to Globes.

How safe is TASE? I am getting older and for the first time, it seems that income from work is disappearing and I'm becoming dependant on savings. That is natural, but frightening. World inflation is worrying. In Argentina, it is 45% per year, yet people live and most are happy.  

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