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An Average Gain Of 23 Percent By The Maof 25 Index Of TASE Listed Shares In March -- April 1999...

Shares listed on the Tel Aviv Stock Exchange (TASE) have followed the American and European stock markets, and during March -- April 1999 boomed ahead. The average share listed on the TASE Maof 25-index gained an impressive 23 percent during this period. The government's fight against inflation and its correct fiscal policies have led to important economic achievements that have given confidence to local and foreign investors. This confidence has expressed itself in the belief that higher profits are ahead for TASE listed companies. Company profits, at the end of the calculation,

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