About Israel's Stock Market

Israel has the following stock exchanges:

Bloomberg Exchange Code Bloomberg Composite Code Description ISO MIC # of Stocks In Our Database
ITTel Aviv Stock ExchangeXTAE169

Note that there may be some additional stock exchanges in Israel that focus on option or commodities trading that are not in our database. We only have in our database the stock exchanges around the world that focus on equities.

On StockMarketMBA.com, we have adopted the Bloomberg two digit code system for identifying exchanges, as explained in global stock exchanges.

We don't have all stocks traded on the above exchanges in our database, as there are hundreds of microcap stocks, global depository receipts ("GDRs"), and locally traded ETFs that we don't have in our database. We strive to have all stocks in our database that are owned by a U.S. exchange traded fund, or have their shares traded on a U.S. exchange or on the U.S. OTC market (either by cross-listing or through an ADR).

Israel's currency is the Israeli New Shekel.

We strive to have an index in our database for every country that is denominated in the local currency. Our key local currency index for Israel is:

TA-125, the Tel Aviv 125 Index

The TA-125 Index is TASE's most significant index and considered as the Israel Economy BenchMark Index. The index consists of the 125 shares with the highest market capitalization that are included in the TA-35 and TA-90 indices. Formerly known as the TA-100.

Let's look at the history of the exchange rate between the USD and the Israeli New Shekel (our symbol is USDILS).

Let's compare USDILS to UUP, a currency ETF that tracks the US dollar against a basket of developed market currencies.

We have 4 U.S. ETFs in our database that focus on buying stocks traded in Israel. Our benchmark ETF is EIS, the iShares MSCI Israel Capped Investable Market ETF. Our benchmark ETF is typically the largest or oldest ETF for that country that we use for comparisons.

EIS, the iShares MSCI Israel Capped Investable Market ETF

ISRA, the Market Vectors Israel ETF

IZRL, the Israel Innovative Technology ETF

ITEQ, the BlueStar Israel Technology ETF

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