Bumper year for Israeli stock on Wall Street. (Feature Articles)

Bumper Year For Israeli Stock on Wall Street

The shares of Israeli companies traded in New York performed impressively in 1991. The year was marked, as were 1989 and 1990, by sharp increases in share prices and turnover. All in all, Israeli companies raised $511 million on the New York capital market in 1991.

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The performance of Israeli company shares is particularly impressive when compared to the 15 percent rise in the Dow Jones index during 1991 and the 36 percent inflation-adjusted increase in the aggregate value