Tel Aviv Stock Exchange Trading Summary: October 25 - 29, 2015

TEL AVIV, Israel, October 29, 2015 /PRNewswire/ --

Trading on the Tel Aviv Stock Exchange (TASE) during the fourth week of October was marked by a mixed trend in all the leading stock indices;

The US biomed company "MannKind", whose shares are traded on NASDAQ, made a dual listing for trading on the TASE; 

Continued offerings in the bond market.     

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TA-25 index 

The TA-25 index increased 1.8% over the last week and increased 7.4% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

TA-100 index 

The TA-100 index increased 1.6% over the last week, and increased 5.9% since   the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA RealEstate-15 

The TA RealEstate-15 index decreased 1.8% over the last week and increased 9.4% since the beginning of the year, after an increase of 0.9% for the whole of 2014.

Corporate Bonds  

This week there were five bond offerings on the TASE by the business sector, totaling US$ 124 million: Shlomo Holdings raised US$ 59 million and four real estate companies raised an additional US$ 65 million.

Since the beginning of the year, the business sector raised US$ 12.9 billion through bonds on the TASE.

Share Offerings 

There was one share offering to the public on the TASE amounting to US$ 1.3 million by the high-tech company WhiteSmoke.

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$ 8.4 billion in bond offerings on the TASE.

Dual Listing  

The US biomed company "MannKind", whose shares are traded on NASDAQ, made a dual listing - trading in its shares began also on the Tel-Aviv Stock Exchange on October 28. The company's shares are expected to be included in the TA-100, TA Tech-Elite, and TA-Blue Tech indices.

Currently there are 56 companies traded on the TASE whose shares are traded also in the US or in Europe.

BOI Interest Rate  

The Bank of Israel left the interest rate unchanged at 0.1% for November 2015.

Composite State-of-the-Economy Index  

The Bank of Israel released figures indicating that the Composite State-of-the-Economy Index rose 0.1% in September, lower than the average rate of growth in recent months.

   
               Sector Indices                 Foreign Exchange
                        WEEK   2015                    WEEK   2015
        TA Tech-Elite  1.10%  5.30%       Dollar/NIS  0.10% -0.20%
             TA Banks -1.40% 10.70%         Euro/NIS -1.10% -9.90%
    TA Real Estate-15 -1.80%  9.40%

Facts & Figures 

The Tel-Aviv Stock Exchange features in September 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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