TASE, Tel Aviv's stock exchange, is gaining popularity among financial circles. TASE is not only the best market in the world, but also the inflow of foreign currency has strengthened the Israeli shekel tremendously. Personally, it means that the modest profits from my savings allowed me to help my daughter buy a nice kitchen. From Globes: "The scale of foreign trading activity has increased, among other things, following the transition to a Monday-Friday trading format, which contributes to deepening liquidity in the market."
TASE data also show that foreign investors have deepened their trading activity in Tel Aviv throughout the war. The share of foreign investors in daily trading on the TASE jumped from 35% before the war to 41% of trading during the war. The boom in trading in dual-traded stocks is important to the TASE for another reason. Following the recent listing of US cybersecurity giant Palo Alto Networks in Tel Aviv TASE VP economic department Ron Klein explains, "We are seeing a very significant increase in companies contacting us regarding dual listing. I estimate that we will see a significant number of new dual listing companies."
The illustration is unrelated to the kitchen mentioned above.
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