Tel Aviv Stock Exchange Weekly Review: 1-4 March 2015

TEL AVIV, Israel, March 4, 2015 /PRNewswire/ --

Trading on the Tel Aviv Stock Exchange (TASE) during the first week of March ended up for most leading TASE indices; 

The largest increases were in communication shares of 2.9%; 

Continued offerings in the bond market - "Eldan Transportation" raised US $114 million in an initial bond offering 

TA-25  

The TA-25 index increased 0.8% over the week and increased 4.4% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

     (Logo: http://photos.prnewswire.com/prnh/20130117/588933 )

TA-100  

The TA-100 index increased 1.0% over the week and increased 5.3% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA-Com 

The TA-Com index increased 2.9% over the week and decreased 9.4% since the beginning of the year, after an increase of 10.4% for the whole of 2014.

Corporate Bonds 

This week there were two bond offerings by the business sector amounting to US $130 million. US $114 million of this was raised by the leasing and car rental company Eldan Transportation in an initial bond offering on the TASE.

Since the beginning of the year, the business sector raised US $2.7 billion through bond offerings.

In 2014 the business sector raised US $16.1 billion through bond offerings on the TASE.

Government Bonds 

The Ministry of Finance (MoF) made a bond offering listed on the Tel-Aviv Stock Exchange this week amounting to US $0.2 billion, and since the beginning of the year the MoF raised US $1.2 billion. In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE.

Shortened Trading Week  

The first trading week in March will be shortened due to the Purim Holiday on Thursday.

Sector Indices

   
                     WEEK
                           2015
    TA Tech-Elite    0.8% 16.3%
    TA Banks         0.2% -0.2%
    TA Real
    Estate-15        2.2% 15.8%

Foreign Exchange

               WEEK
                      2015
    Dollar/NIS  0.5%  2.4%
    Euro/NIS   -0.4% -6.2%

Facts & Figures 

The Tel-Aviv Stock Exchange features in February 2015:

• 471 companies listing equities.
• 616 Exchange Traded Notes.
•  29 series of government bonds.
•  74 Series of Institutional bonds.
• 604 series of corporate bonds.
• 1,328 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 204
  • Government bonds - 128
  • Corporate bonds - 80

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)

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED