Weekly Review - January 26, 2012
Major Events in the Capital Market during the Past Week
Equities
- The Trading week on the TASE featured price declines led by the insurance and communication shares.
- The biomed sector also stood out with price declines this week Inter alia, the declines in the index were affected by a decline of more than 85% in the D Pharm share.
Bonds
- This week, government bond trading featured a mixed trend against the background of the surprising bank rate cut.
- This week there were moderate corrections in the corporate channel after a number of weeks of hikes. The first buds of a return to issues on the part of companies from the second and third tiers were observed in the primary markets, despite the continuing spread of debt arrangements in the market.
Forex
- This week, global forex trading was conducted against the background of the continuing decrease in fear levels in Europe.
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