The stock and bond markets continued the wave of gains last March as well. The training fund in the general track of the teachers organization 'Agor' recorded a return of 2.54% during last March.
The number of new teachers entering the education system has been on a downward trend in recent years, mainly due to the salary conditions offered in the profession. Until their salary conditions are improved, the teachers will be able to take solace in the holiday gift they received from their medium-term savings, which were contributed by the increases in the stock and Bond markets in Israel and around the world. For example, the main indices on the Tel Aviv Stock Exchange such as TA35, TA90 and TA125 rose by 3.25%, 3.26%, and 3.15%, respectively, in March. In Israel, the emphasis of the increases was felt mainly in the stocks traded in Tel Aviv 90, Tel Aviv Gas, and Tel Aviv Technology indices, compared to weaker performances in other sectors. The European markets were a little behind with an underperformance in the first quarter of the year.