The Market in 2012 It Could Have Been Worse

Despite the global financial crisis, the Tel Aviv Stock Exchange made up some lost ground this year

In 2012 the Tel Aviv Stock Exchange managed to make up for part of its 20% drop the previous year as the TA-100 index regained 7%, while falling 5% short of the S&P 500. Leading the pack was the banks index, with a 23% gain after falling a dismal 34% in 2011 due to new regulations.