| NONRESIDENTS |
| Sales of makam together with investment in government bonds and Israeli shares |
| Bonds and makam: Nonresidents invested a net $155 million in government bonds in June 2011, mainly in unindexed bonds, and concurrently sold a net $120 of makam. These follow sales of $666 of makam and investments of $400 million in government bonds in May. In June nonresidents also invested a net $150 million in government bonds abroad. |
| Israeli shares: In June 2011 nonresidents’ net investment in Israeli shares traded on the Tel Aviv Stock Exchange (TASE) was $440 million, higher than the $240 million average monthly investment since the beginning of the year. Most of the investments were concentrated in the banking and pharmaceuticals sectors. At the same time, there was $200 million in net investment this month in Israeli shares traded abroad. |
| Nonresidents' direct investment: Nonresidents' net direct investment in Israel via domestic banks was $500 million, and was focused mainly on the high-tech industry. Since the beginning of the year, nonresidents' direct investment has averaged a net $410 million a month. |
| RESIDENTS |
| Sales of foreign shares by financial institutions, and realization of real investments abroad |
| Shares: In June Israeli residents sold a net $730 million in foreign shares traded abroad. For the first time since the end of 2009, institutional investors realized some of their investments abroad, about $750 million net; most of this was sales of mutual funds abroad by insurance companies and pension funds. The business sector also sold a net $65 million of investments abroad. |
| Bonds: In June, residents invested a net $20 million in tradable bonds abroad: $260 million was invested by households, partly offset by sales of about $200 million by the business sector and sales of about $40 million by institutional investors. |
| Direct investment abroad: In June, residents sold a net $270 million of direct investments abroad, primarily in the chemicals sectors. Since the beginning of the year, the monthly average net direct investments abroad has been about $200 million. |
