Tel Aviv Stock Exchange Weekly Review: 10-14 August 2014
Trading on the Tel Aviv Stock Exchange (TASE) during the second week of August was marked by a mix trend for all leading share indices; Continued offerings in share and bond markets
TEL AVIV, Israel, August 14, 2014 /PRNewswire/ --
TA-25
The TA-25 index increased 0.2% over the week, bringing year-to-date increase to 4.5%.
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TA-100
The TA-100 index increased 0.2% over the week, bringing year-to-date increase to 2.6%.
TA-Banks
The TA-Banks increased 1.7% over the week, bringing year-to-date increase to 0.1%.
TA-Biomed
The TA-Biomed index decreased 2.3% over the week, bringing year-to-date decrease to 22.0%.
Share Offerings
This week there were two right issues which raised US $9 million.
Since the beginning of 2014 the business sector raised US $1.6 billion through share offerings on the TASE, after raising US $1.7 billion for the whole of 2013.
Corporate Bonds
The industrial company Avgol made a bond offering this week amounting to US $143 million.
Since the beginning of the year the business sector raised US $9.6 billion through bond offerings, of which US $3.7 billion on the "TACT Institutional" system, after raising US $10.1 billion for the whole of 2013.
Government Bonds
The Ministry of Finance (MoF) made a public bond offering listed on the TASE amounting to US $0.4 billion.
Since the beginning of the year the MoF raised US $10.5 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.
ETN Offerings
Two new ETNs were issued this week on financial share indices in the U.S., and one compound ETN combining bond and share indices.
Currently there are 594 ETNs traded on the TASE.
Sector Indices
Week 2014 TA Bluetech-50 -0.6% -10.6% TA Banks 1.7% 0.1% TA Real Estate-15 -0.6% -1.4%
Foreign Exchange
WEEK 2014 Dollar/NIS -0.2% 0.0% Euro/NIS -0.2% -2.9%
Facts & Figures
The Tel-Aviv Stock Exchange features in July 2014:
- 475 companies listing equities.
- 591 Exchange Traded Notes.
- 34 series of government bonds.
- 74 Series of Institutional bonds.
- 595 series of corporate bonds.
- 1,287 mutual funds.
- Market Cap. (US$ billions)
- Equities - 218
- Government bonds - 147
- Corporate bonds - 92
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)76-8160405/6
Visit the Tel Aviv Stock Exchange's Website: http://www.tase.co.il
SOURCE Tel Aviv Stock Exchange (TASE)
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