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Israel’s only public stock market is the Tel Aviv Stock Exchange (TASE).
The Israel Securities Authority is in charge of overseeing the exchange, which is governed by the Securities Law of 1968. (ISA). TASE is an important part of the Israeli economy.
TASE has 544 businesses listed, 56 of which are also listed on other stock exchanges.
TASE also has over 1000 mutual funds, 180 exchange-traded funds (ETFs), 60 government bonds, 500 corporate bonds, 591 exchange-traded notes (ETNs), and 180 exchange-traded funds (ETFs). These are all denominated in Israeli shekels.
The Israeli economy
Israel’s economy is a well-developed free-market economy. On the World Bank’s ease of doing business index, Israel is ranked 35th.
After the United States, it boasts the world’s second-largest number of startup businesses and the third-largest number of NASDAQ-listed companies after the United State
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