Tel Aviv Stock Exchange Bi-Weekly Review: 5-14 October

TEL AVIV, Israel, October 14, 2014 /PRNewswire/ --

TA-25

The TA-25 index decreased 1.2% over the last two weeks, bringing year-to-date increase to 7.8%  

TA-100

The TA-100 index decreased 1.6% over the last two weeks, bringing year-to-date increase to 5.8%

TA-Com

The TA-Com index increased 2.3% over the last two weeks, bringing year-to-date increase to 11.8%.

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Share Offering

In the last two weeks there were four public offerings in the share market amounting to US $12 million.

Since the beginning of 2014 the business sector raised US $1.9 billion through share offerings on the TASE, an amount 10% higher than the total raised for the whole of 2013.

Corporate Bonds

There were three bond offerings by the business sector in the last two weeks amounting to US $95 million.

Since the beginning of the year the business sector raised US $13.2 billion through bond offerings, of which US $3.7 billion on the "TACT Institutional" system, after raising US $10 billion for the whole of 2013.

Government Bonds

The Ministry of Finance (MoF) made a public bond offering listed on the TASE amounting to US $0.3 billion.

Since the beginning of the year the MoF raised US $12.3 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.

Foreign Investors

The Bank of Israel released figures indicating that foreign investors liquidated a net US $40 million in holdings of TASE-listed shares in August, and since the beginning of the year acquired a net US $0.8 billion, following net acquisitions of US $1.5 billion for the whole of 2013.

In addition, foreign investors acquired a net US $1.2 billion Israel government bonds in August, and since the beginning of the year acquired a net US $2 billion Israel government bonds. In addition, foreign investors acquired a net US $560 million Israeli T-bills in August.

Sector Indices

                    2 Weeks      2014
    TA Bluetech-50   (2.8%)   (11.9%)
    TA Banks         (0.4%)      1.7%
    TA Real
    Estate-15        (0.2%)      6.0%

Foreign Exchange

                    2 Weeks      2014
    Dollar/NIS         2.7%      7.8%
    Euro/NIS           3.1%    (0.7%)

Facts & Figures 

The Tel-Aviv Stock Exchange features in September 2014:

• 473 companies listing equities.
• 590 Exchange Traded Notes.
• 32 series of government bonds.
• 73 Series of Institutional bonds.
• 614 series of corporate bonds.
• 1,296 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 211
  • Government bonds - 135
  • Corporate bonds - 88

AboutTASE

Established in September 1935, the Tel-Aviv Stock Exchange is Israel's sole securities exchange, offering an increasingly sophisticated range of products to investors, including equity, corporate bonds, treasury bills and notes, index products and derivatives.

International

In recent years, TASE has enhanced its international presence, signing Memoranda of Understanding with the London Stock Exchange, NASDAQ, NYSE-Euronext the Shanghai Stock Exchange, and Toronto Stock Exchange.

For more information please contact:

Idit Yaaron or Orna Goren, TASE, +972(076)-8160405/6

Visit the Tel Aviv Stock Exchange's Website: http://www.tase.co.il

SOURCE Tel Aviv Stock Exchange (TASE)

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