Tel Aviv Stock Exchange and Embassy of Israel in London Announce Successful Opening of the Israel Opportunity 2007 Investor Conference.LONDON -- The Tel Aviv Stock Exchange Tel Aviv Stock Exchange Israel's only stock exchange. and Embassy of Israel in London announce the successful opening of the Israel Opportunity 2007 investor conference in London today. The conference, co-organized by the Exchange and the Embassy, brought eight of the top Israeli companies together to meet and present to institutional investors and analysts from the UK investment community, for the seventh time in an interactive forum. Approximately 300 investment professionals attended the conference. Keynote speakers at the conference were Mr Avraham Hirchson, Israel's Minister of Finance, Ed Balls MP, UK Economic Secretary to the Treasury The Economic Secretary to the Treasury is the fifth and most junior ministerial post in the UK Treasury, after the Chancellor of the Exchequer, the Chief Secretary to the Treasury, the Paymaster-General and the Financial Secretary to the Treasury. It is not a Cabinet office. and Mr Moshe Tery, Chairman of the Israel Securities Authority The Israel Securities Authority (ISA) is Israel's securities regulator. Its Chairman since 2002 is Moshe Tery. Establishment The ISA was established pursuant to the Securities Law, 5728-1968. . Commenting on the significance of the conference, Ester Levanon, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Tel Aviv Stock Exchange and a speaker at the conference, said: "Today's conference is further evidence of Israel's growing stature in the eyes of the international investment community. The Israeli capital market has reached a high level of strength and maturity, while the Tel Aviv Stock Exchange has itself seen four years of strong growth. Israel is very much open for business and we invite UK investors to explore the Tel Aviv Stock Exchange and the many investment opportunities the country has to offer. "The conference today emphasized why there is every reason to be optimistic about Israel and highlighted the potential benefits to the UK of investing in the Israeli markets." Moshe Tery, Chairman of the Israeli Securities Authority added: "Israel presents a unique opportunity to investors and confidence among Israeli and foreign investors is high. Israel possesses the maturity, sophistication so·phis·ti·cate v. so·phis·ti·cat·ed, so·phis·ti·cat·ing, so·phis·ti·cates v.tr. 1. To cause to become less natural, especially to make less naive and more worldly. 2. and resilience of a developed market, yet offers the growth potential of emerging markets. Thanks to sound policies and our unwavering commitment to long-term reform, Israel's economy is proving to be robust and resilient. The smart money has come to Israel and has remained in Israel." Notes to editors: About the Tel Aviv Stock Exchange Established in 1935, The Tel Aviv Stock Exchange (TASE TASE Tel Aviv Stock Exchange TASE The All Seeing Eye TASE Tactical Air Support Element TASE Thrust Assessment Support Environment TASE Telecontrol Application Service Elements (IEC communications protocol) ) is a fully-automated exchange with a central order book trading system. TASE is a 'one-stop shop' for capital market activity in Israel, with an increasingly sophisticated range of products available to investors, including 120 ETFs (Index Products). In 2006, 37 new companies listed on TASE, including 17 high-tech companies; there are 25 biotech companies now listed on TASE. The FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. recently placed TASE on a watch-list for developed markets, awarding it 'advanced emerging market status'. TASE has just signed a cooperation agreement with the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. - another step on the path to its becoming a truly globalized exchange. www.tase.co.il/TASEEng/ |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion