Tel Aviv Stock Exchange Corporate Fact Sheet October 2013
TEL AVIV, Israel, November 7, 2013 /PRNewswire/ --
Fast Facts
- Market capitalization (Excluding ETNs):
- Equities:US$189 billion;
- Bonds:US$225 billion
- Daily Turnover Y-T-D (Including off-the-floor transactions):
- Equities (Including ETNs):
US$315 million; - Government Bonds:US$945 million
- Corporate Bonds(Including ETNs): US$286 million
- Treasury Bills: US$168 million
- TA-25 Index Options:
195 thousands of contracts
- 513 equity companies
- 50 companies cross-listed abroad
- 491 index-tracking products (ETN's)
- 33 series of government bonds
- 617 series of corporate bonds
- 73 series of Institutional bonds
- 1,248 mutual funds
For TASE Monthly Main Indicators
Israel Key Macroeconomic indicators
- GDP per capita:
Q2 2013 - US$ 32,700 - GDP growth:
2012- 3.4%, Est 2013 - 3.4% - Inflation:
2012 - 1.6%, Jan-Sep 2013 - 1.8% - Bank of Israel interest rate:
November 2013 -1.0% - Surplus in balance of payments
- Budget deficit:
2012: 3.8% of GDP, 2013 (Est.) 3.5%
NEWS
(Logo: http://photos.prnewswire.com/prnh/20130117/588933 )
TASE Opens Supersectors
TASE industrial classifications have been adjusted to better reflect those employed in major markets abroad. Four supersectors have been defined: High Tech; Finance, Real and Financial Instruments. This division contributes to the strengthening of ties between the supersectors and TASE sectorial indices, highlights the variety of TASE equity listings, distinguishes financial instruments from shares and enables TASE to provide precise cumulative market cap, trading volume and other data for the various sectors. The classification into supersectors will commence and be published starting 3 November 2013. For the supersector classification click here
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.
Mission Statement
TASE will promote Israel's capital market and its listed companies in Israel and abroad, through the provision of the most highly advanced infrastructure for securities trading and clearing, adhering to the highest standards of excellence and guided by principles of market integrity; and will endeavor to position itself and Israel as an international financial center for the listing and trading of technology companies
Membership
The TASE is owned by its members, which comprise the Bank of Israel (Israel's central bank), 15 banks and 12 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'.
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 44 companies dually-listed on TASE, as well as 6 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.
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)3-5677405/6
SOURCE Tel Aviv Stock Exchange Ltd
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article