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To: dervish
Yes, Israel has many more on NASDAQ then NYSE. Probably because they are lower caps and more start ups.

I found the corresponding list of foreign companies listed at the NASDAQ, and indeed 71 of the 329 foreign companies were Israeli, making 21.6% of all foreign stocks listed on the NASDAQ Israeli. Even Canada only has 63 stocks listed.

I then went to look at just how big the Israeli market is, and apparently the TASE itself only lists just under 600 companies (all shares at the TASE are listed here and here are the TASE stocks that are dual-listed globally). From the TASE's page of dually-listed companies, it appears that the NASDAQ is the major market that TASE shares trade outside of Israel, with a few in London and the AMEX in addition to the three at the NYSE.

I knew that NASDAQ bombed in Japan, but it appears that they are working together better with the TASE. Managing to dual-list over 10% of all of the stocks traded at the TASE is certainly a far cry from the few that "NASDAQ Japan" managed to get listed before it crashed.

561 posted on 08/02/2006 1:01:40 AM PDT by snowsislander
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To: snowsislander

Thanks for the links.

Netanyahu was instrumental in liberalizing the Israeli economy when he was PM and as Finance Minister under Sharon.

Olmert and his alliance with the labor socialists headed by Peretz may undo some of that.


579 posted on 08/02/2006 6:22:06 PM PDT by dervish (Olmert's 48 hour Hudna)
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