Tel Aviv Stock Exchange Weekly Review: 14-18 July 2013

TEL AVIV, Israel, July 18, 2013 /PRNewswire/ --

TA-25

The TA-25 index increased 0.1% over the week, bringing year-to-date increase to 3.5%.

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

TA-100

The TA-100 index increased 1.4% over the week, bringing year-to-date increase to 5.9%.

TA-Insurance

The TA-Insurance index stood out and increased 4.7% over the week and bringing returns since the beginning of 2013 to 18.1%.

Corporate Bonds  

Blue Square Real Estate raised US $54 million in a public bond offering.

Since the beginning of the year the business sector has raised US $5.5 billion through bond offerings. Real estate companies stood out, raising 43% of the total.

Government Bonds

This week the Ministry of Finance (MoF) floated US $0.3 billion government bonds in an offering on the local market.  

Since the beginning of 2013 the MoF raised US $10.4 billion in public bond offerings as opposed to US $21.3 billion in 2012.

Economic Growth

The Central Bureau of Statistics released figures indicating that the rate of growth for the first quarter of 2013 came to 2.9% (annualized), compared to 2.6% in the previous quarter and 2.8% in the third quarter of 2012.

Consumer Prices

Figures released by the Central Bureau of Statistics indicate that the Consumer Price Index (CPI) for June increased 0.8%, bringing the year-to-date inflation rate to 1.3%, following a 1.6% inflation rate for the entire 2012 year.

Sector Indices

                     WEEK   YTD
    TA Bluetech-50   2.4%   0.9%
    TA Banks         1.2%   2.3%
    TA Real
    Estate-15        2.1%  18.6%

Foreign Exchange

                WEEK     YTD
    Dollar/NIS  -0.2%   -3.5%
    Euro/NIS     0.3%   -4.1%

Facts & Figures

The Tel-Aviv Stock Exchange features in June 2013:

• 521 companies listing equities (Ex. ETNs).
• 462 index-tracking products.
• 34 series of government bonds.
• 79 Series of Institutional bonds.
• 639 series of corporate bonds.
• 1,252 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 172
  • Government bonds - 129
    Corporate bonds - 103

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(3)5677-405/6

Visit the Tel Aviv Stock Exchange's Website: http://www.tase.co.il

SOURCE Tel Aviv Stock Exchange Ltd

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