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FDI IN ISRAEL IN JUNE RISES ABOVE MONTHLY AVERAGE

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Sunday, August 21st, 2011

Foreign direct investment (FDI) in Israel totaled $500 million in June, rising above the monthly average of $410 million for the first half of 2011. The majority of investments were made in the high tech sector.

Net foreign investment in stocks traded on the Tel Aviv Stock Exchange (TASE) totaled $440 million in June, 9% higher than in May, and well above the $240 million monthly average recorded during the first six months of the year.