from the June 2006 issue

NASDAQ will launch Israel index

The American Nasdaq stock market will shortly be launching an index of the Israeli companies listed there, says Charlotte Crosswell, manager of Nasdaq International.

NASDAQ cooperates with the Tel Aviv Stock Exchange, Crosswell said. The two exchanges are currently working on organizing a joint conference in New York for September.

No less than 75 Israeli companies are listed on the tech-heavy exchange. That is the biggest number of companies from a foreign country listed on NASDAQ.

Reprinted from the Israel High-Tech & Investment Report June 2006

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