TABLE-Israel FDI up at $498 mln in August

Oct 10 (Reuters) - Israel received $498 million worth offoreign direct investment (FDI) through local banks in August,up from $367 million in July, the Bank of Israel said onWednesday.

Following is a summary of the bank's figures in millions ofdollars:Aug '12 July '12 2011 2010Foreign portfolio -11 458 -5,557 8,991investment

Direct investment via banks 498 367 6,363 3,069

- Most of the foreign direct investment in August was in themanufacturing and high tech sectors and was spread among arelatively large number of companies, the central bank said.

- Foreigners invested a net $160 million in shares on theTel Aviv Stock Exchange in August, following net investment of$260 million in July. Preliminary figures for September indicatea moderation in the volume of investment in Tel Aviv-tradedshares by nonresidents.

- Foreigners sold a net $90 million in government bonds andabout $10 million in short-term bills called makams, followingsales of about $1 billion in government bonds and $3.3 billionin makams since the beginning of the year. They sold $110million of government bonds traded abroad in August.

For full report click:(Reporting by Tova Cohen)


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