Tel Aviv Stock Exchange Weekly Review: 16-20 June 2013
Trading on the Tel-Aviv Stock Exchange (TASE) during the third week of June ended down for most stock indices
TEL AVIV, Israel, June 20, 2013 /PRNewswire/ --
TA-25
The TA-25 index decreased 0.8% over the week, bringing year-to-date increase to 2.2%.
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TA-100
The TA-100 index decreased 0.5% over the week, bringing year-to-date increase to 3.7%.
TA- Insurance
The TA-Insurance index stood out and increased 3.8% over the week and bringing returns since the beginning of 2013 to 16.6%.
Corporate Bonds
Three companies raised US $40 million in public bond offerings this week. Since the beginning of the year the business sector raised US $5.2 billion through bond offerings. Real Estate companies stood out, raising 42% of the total.
Share Offerings
Real estate company, Gazit Globe raised US $138 million equity in a public offering. Since the beginning of the year the private sector has raised US $0.8 billion equity, with real estate companies accounting for 57% of the total raised.
Government Bonds
This week the Ministry of Finance (MoF) floated US $0.4 billion government bonds in an offering on the local market. From the beginning of 2013 the MoF raised US $9 billion in public bond offerings.
TA-25 Constituent Changes
Within the framework of the semi-annual TASE index rebalancing on Sunday, June 16, 2013, the shares of the First International Bank and Migdal Insurance joined the TA-25 index, while the shares of EZ-Chip and Mellanox were removed from the index.
CPI Index
Figures released by the Central Bureau of Statistics indicate that in May 2013 the Consumer Price Index increased 0.1%, bringing the total from the beginning of 2013 to 0.5%, after an increase of only 1.6% for the entire 2012 year.
Sector Indices
WEEK YTD TA Bluetech-50 -0.6% -3.1% TA Banks -0.8% 1.7% TA Real Estate-15 0.1% 14.7%
Foreign Exchange
WEEK YTD Dollar/NIS 0.8% -2.8% Euro/NIS -0.2% -2.6%
Facts & Figures
The Tel-Aviv Stock Exchange features in May 2013:
- 521 companies listing equities (Ex. ETNs).
- 452 index-tracking products.
- 35 series of government bonds.
- 80 Series of Institutional bonds.
- 641 series of corporate bonds.
- 1,245 mutual funds.
- Market Cap. (US$ billions)
- Equities - 173
- Government bonds - 127
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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