Bank of Israel: sharp rise in foreign investment in March.

The monetary department at the Bank of Israel reported last week that Direct and indirect foreign investment rose sharply in March to $1.19 billion, 4.8 times more than in February
 
Foreign investment in Israeli securities, in March, totaled $663 million, after sales of $76 million in February 2006.
 
Investments by overseas residents in Tel Aviv Stock Exchange (TASE) listed stocks increased by $136 million in March 2006.
 
The Bank also noted that direct foreign investment, both direct and real, in the Israeli economy, including factories, real estate and high-tech increased from $321 million in February to $844 million in March.