The Bank of Israel announced on 2 August, that direct foreign investment in Israel totaled US$500 million in June, mostly in high tech, above the monthly average of US$410 million in the first half
Net foreign investment in Tel Aviv Stock Exchange stocks totaled US$440 million in June, 9% more than in May, and well above the US$240 million monthly average in the first half of the year.
Net investment in Israeli stocks traded abroad totaled $200 million in June. Most of the investments were in banking and pharmaceuticals sectors.
Israelis sold a net US$730 million in foreign shares in June. For the first time since the end of 2009, institutional investors sold some of their investments abroad, for a net US$750 million.
Most of the sales were of foreign mutual funds by insurance companies and pension funds. The business sector also sold a net US$65 million of foreign investments.
Direct foreign investment by Israelis was negative in June, with US$270 million in net sales, primarily in the chemicals sectors. Average monthly net direct foreign investment by Israelis was US$200 million in the first half.
