nun bet

The market has been closed for several days for the weekend and the Thanksgiving holiday but I’ve been super busy for the past couple of days! Finally you have the weekly Invest in Israel update. If you’re new to the Invest in Israel series, you can read this post to get some background information. I have two stock simulations running. One game (Invest in Israel) is tracking an $1000 investment divided about equally among eight stocks. In the other game (First Israel Fund Game), I have invested almost $1000 in the First Israel Fund which is a “non-diversified, closed-end management investment company that seeks long-term capital appreciation by investing primarily in Israeli securities.”

Here’s where we were when the markets closed last week:

Invest in Israel Game: This group of stocks is up 5.90% since the beginning of the game. This is a 2% increase in just one week. The leader this week was Aladdin Knowledge Systems which was up 12.34% but there were other big gainers. Fundtech Ltd was up 11.56% and Check Point Software Technologies was up 10.14%. All but two stocks in this group are posting gains since the start of the game.

First Israel Fund Game: Reflecting the gains of the market, this fund is also up. At the close of the trading, this fund posted a gain of 8.11% since the beginning of the game.