Tel Aviv Stock Exchange Trading Summary: September 13 - October 1, 2015

TEL AVIV, Israel, October 1, 2015 /PRNewswire/ --

TA-25 index 

The TA-25 index decreased 6.6% over the last 3 weeks and increased 1.6% 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 6.8% over the last 3 weeks, and increased 0.9% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

Share Offerings  

There was a share offering to the public on the TASE amounting to US$ 7 million by Fridenson.

Since the beginning of the year the business sector has raised US$ 0.9 billion through shares on the TASE.

Corporate Bonds  

Three companies raised US$ 120 million in bond offerings on the Tel Aviv Stock Exchange. Half the amount was raised by the dual-listed company Formula Systems.  

Since the beginning of the year the business sector raised US$ 11.3 billion through bonds on the TASE.

Government Bonds 

The Ministry of Finance (MoF) made two bond offerings listed on the TASE, amounting to US$ 0.5 billion.

Since the beginning of the year, the MoF raised a total of US$ 7.6 billion in bond offerings on the TASE.

Shortened Trading Weeks 

The last three trading weeks in September were shortened weeks, totaling 8 trading days, due to the New Year holidays.

BOI Interest Rate  

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

Growth Rate  

The Central Bureau of Statistics released this week a second estimate for the second quarter of 2015 indicating that GDP growth rose by 0.1% (in annual terms) compared with 0.3% in the first estimate, after an increase of 1.8% in the first quarter of 2015 and 6.1% in the last quarter of 2014.

The Bank of Israel lowered its forecast for growth of the economy in 2015 to 2.6% instead of 3.0% according to the previous estimate, slightly lower than the growth rate in 2014 (2.8%).

Composite State-of-the-Economy Index  

The Bank of Israel released figures indicating that the Composite State-of-the-Economy Index rose 0.3% in August, similar to the rate of growth in the last two months.

Sector Indices

   
                     3 WEEKS 2015
    TA Tech-Elite     -6.7%  0.1%
    TA Banks          -4.8%  9.4%
    TA Real
    Estate-15         -4.2%  8.0%

Foreign Exchange

   
               3 WEEKS 2015
    Dollar/NIS  1.3%    0.7%
    Euro/NIS    0.0%   -7.5%

Facts & Figures 

The Tel-Aviv Stock Exchange features in August 2015:

• 463 companies listing equities.
• 637 Exchange Traded Notes.
• 32 series of government bonds.
• 67 Series of Institutional bonds.
• 598 series of corporate bonds.
• 1,370 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 218
  • 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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