Tel Aviv Stock Exchange Trading Summary: November 8 - 12, 2015
TEL AVIV, Israel, November 12, 2015 /PRNewswire/ --
Trading on the Tel Aviv Stock Exchange (TASE) during the second week of November was marked by a mix trend in the leading shares indices;
The US biomed company "Celsion" - whose shares are traded on the NASDAQ, listed its shares for trading on the TASE;
Continued offerings in the bond market
TA-25 index
The TA-25 index decreased 1.5% over the last week and increased 6.3% since the beginning of the year, after an increase of 10.2% for the whole of 2014.
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TA-100 index
The TA-100 index decreased 1.0% over the last week, and increased 5.0% since the beginning of the year, after an increase of 6.7% for the whole of 2014.
TA Tech-Elite
The TA Tech-Elite index increased this week by 1.6%.
Since the beginning of the year the index increased by 7.2%, after an increase of 10.4% in 2014.
Corporate Bonds
This week there were three bond offerings on the TASE by the business sector, totaling US$ 94 million:
Eldan Transportation and Mediterranean Towers raised US$ 53 million and US$ 28 million respectively, and Land Development. raised US$13 million.
Since the beginning of the year, the business sector raised US$ 13.3 billion through bonds on the TASE.
Share Offerings
There were two offerings of shares and convertibles to the public on the TASE amounting to US$ 18 million, of which US$15 raised by the real estate company Ortam Sahar.
Since the beginning of the year, the business sector has raised US$ 0.9 billion through shares on the TASE.
Government Bonds
The Ministry of Finance (MoF) made a bond offering this week listed on the TASE, amounting to US$ 0.2 billion.
Since the beginning of the year, the MoF raised a total of US$ 8.8 billion in bond offerings on the TASE.
Dual Listing
The US Biomed Company Celsion whose shares are traded on the NASDAQ (symbol: CLSN), made a dual listing and its shares began to be traded on TASE on November 12th.
The company's shares will be included in the TA-Midcap, TA-BlueTech, and TA-Biomed indices on November 29th.
Currently, there are 57 companies traded on the TASE whose shares are traded also in the US or in Europe.
Foreign Investors
The Bank of Israel released figures this week indicating that foreign investors carried out net balanced activity in shares listed on the TASE in September, with net acquisitions totaling US $1.5 billion since the beginning of 2015.
In addition, in September, foreign investors acquired a net US$ 280 million in government bonds, with net acquisitions of bonds totaling US$ 560 million since the beginning of 2015.
Foreign investors acquired a net US$ 70 million in Israeli T-bills in September, with net disposals totaling US $300 million since the beginning of 2015.
Sector Indices
WEEK 2015 TA Tech-Elite 1.6% 7.2% TA Banks -2.6% 9.3% TA Real Estate-15 0.2% 7.8%
Foreign Exchange
WEEK 2015 Dollar/NIS 0.1% 0.1% Euro/NIS -1.3% -11.6%
Facts & Figures
The Tel-Aviv Stock Exchange features in October 2015:
- 461 companies listing equities.
- 640 Exchange Traded Notes.
- 32 series of government bonds.
- 65 Series of Institutional bonds.
- 597 series of corporate bonds.
- 1,370 mutual funds.
- Market Cap. (US$ billions)
- Equities - 202
- Government bonds - 127
- Corporate bonds - 82
About TASE
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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