Financial Market: Share Prices for Israel

SPASTT01ILA661N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

123.65

Year-over-Year Change

74.32%

Date Range

1/1/1980 - 1/1/2024

Summary

The 'Financial Market: Share Prices for Israel' economic trend measures the average daily share prices in the Israeli stock market, providing insights into the overall performance of the country's equities.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This indicator tracks the value of a representative basket of publicly traded stocks in Israel, serving as a benchmark for the Israeli equity market. It is closely followed by investors, policymakers, and analysts to gauge the health and sentiment of the Israeli financial system.

Methodology

The data is collected and calculated by the Israel Central Bureau of Statistics based on daily closing prices of major stocks traded on the Tel Aviv Stock Exchange.

Historical Context

This trend is widely used to monitor the strength of the Israeli economy and assess the impact of domestic and global events on the country's financial markets.

Key Facts

  • The Israeli stock market is represented by the Tel Aviv Stock Exchange (TASE).
  • Share prices on the TASE hit an all-time high in 2021, reflecting strong economic growth.
  • Israel's equity market is an important barometer of the country's overall economic health.

FAQs

Q: What does this economic trend measure?

A: This trend measures the average daily share prices of publicly traded companies on the Tel Aviv Stock Exchange, providing an indicator of the overall performance of the Israeli equity market.

Q: Why is this trend relevant for users or analysts?

A: The Israeli stock market is a key barometer of the country's economic and financial conditions, so this trend is closely monitored by investors, policymakers, and economists to gauge the strength and sentiment of the Israeli economy.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the Israel Central Bureau of Statistics based on the daily closing prices of major stocks traded on the Tel Aviv Stock Exchange.

Q: How is this trend used in economic policy?

A: Policymakers and central banks use this trend to assess the health of the Israeli financial system and the broader economy, helping to inform monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: The data is published with a relatively short delay, typically within a few days of the reference period, providing timely insights into the Israeli equity market.

Related Trends

Citation

U.S. Federal Reserve, Financial Market: Share Prices for Israel (SPASTT01ILA661N), retrieved from FRED.