Tel Aviv Stock Exchange Corporate Fact Sheet March 2015
TEL AVIV, Israel, April 6, 2015 /PRNewswire/ --
Fast Facts
- Market capitalization (Excluding ETNs):
- Equities: US$217 billion;
- Bonds: US$208 billion
- Daily Turnover Y-T-D:
- Equities (Including ETNs): US$371 million;
- Government Bonds: US$915 million
- Corporate Bonds (Including ETNs): US$296 million
- Treasury Bills: US$161 million
- TA-25 Index Options: 213 thousands of contracts
- 470 equity companies
- 49 companies cross-listed abroad
- 616 Exchange Traded Notes (ETNs)
- 30 series of government bonds
- 595 series of corporate bonds
- 73 series of Institutional bonds
- 1,339 mutual funds
(Logo: http://photos.prnewswire.com/prnh/20130117/588933 )
For TASE Monthly Main Indicators
Israel Key Macroeconomic Indicators
- GDP per capita:
2013 - US$ 36,200; 2014 Est. US$ 37,100 - GDP growth:
2013- 3.2%, 2014 Est. - 2.8% - Inflation:
2014 - (0.2%); Jan-Feb. 2015 - (1.6%) - Bank of Israel interest rate:
Apr. 2015 - 0.1% - Surplus in balance of payments
- Budget deficit:
2014: 2.8% of GDP, 2015 (Est.) 2.5%
Tel Aviv Stock Exchange
Established in September 1953, the Tel Aviv Stock Exchange (TASE) is an efficient one-stop shop for the securities industry, hosting an increasingly sophisticated range of products available to investors, including shares, corporate bonds, treasury bills and bonds, index-tracking products and derivatives. TASE is a fully-automated exchange with a central order book trading system, providing clearing, settlement and depository services.
News
The Start-Up Nation Index - The Tel Aviv Stock Exchange (TASE) continues to implement the recommendations of the R&D Committee, and has signed a cooperation agreement with BlueStar Indexes, a New York-based investment research company engaged in the development of global indexes.
TA-BIGITech™ is the first index to include Israeli high-tech companies trading on markets worldwide: Tel-Aviv, New York, London and dual listed. It includes 57 stocks with the market cap of approximately US $75 billion. Some leading Israeli and israeli related companies in the index include: Amdocs, Check Point, Mobileye, Stratasys and Mellanox.
The TA-BIGITech index will serve as the underlying benchmark for index funds, Exchange-Traded Funds (ETFs) and Exchange-Traded Notes (ETNs) issued in Israel and abroad. For more information
Membership
The TASE is owned by its members, which comprise the Bank of Israel (Israel's central bank), 15 banks and 11 investment houses. The banks are supervised by the Bank of Israel and the investment houses by the TASE. The TASE permits international banks and investment houses that have no permanent representation in Israel to become 'remote members'. For the TASE Members' list.
Dual Listing
Companies traded in the USA and on the London Stock Exchange (Main Market) can dual-list their shares on the TASE. Dual-listing, which does not entail significant costs, imposes no additional regulatory burden and offers continuous trading from 09:45 to 23:00 (Israeli time), for companies listed in the USA. There are currently 45 companies dually-listed on TASE, as well as 4 companies which are cross-listed on other foreign securities exchanges. For more information about Dual Listing on TASE.
Globalization
Israel is classified as a "developed market" by MSCI, FTSE and S&P and is included in the following international indices: MSCI World, MSCI KOKUSAI, MSCI Europe & Middle East, MSCI EAFE, MSCI EASE, the FTSE All World, FTSE Med-100 indices, and S&P Developed BMI.
Trading on TASE is conducted through its members, which include Israeli and international banks and investment houses.
For further information, you are welcome to visit our website at: http://www.tase.co.il or contact the TASE Marketing and Communications Unit at +972-76-8160405/6
SOURCE Tel Aviv Stock Exchange (TASE)
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