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August 1, 2019 marked a leap forward for Israeli capital markets with the Tel Aviv Stock Exchange's long-awaited IPO. The TASE finishing its first trading day up 30% implies a long-term belief by investors that Israeli capital markets still have a lot of growth ahead of them. When Israel first made the cross-over from emerging to developed market status back in 2009-2010, following re-classifications by MSCI and FTSE, the country lost some weight in investor portfolios, as it went from being a reasonably large weighting in emerging market indexes and the funds