Tel Aviv Stock Exchange Weekly Review: 16-20 November 2014

TEL AVIV, Israel, November 20, 2014 /PRNewswire/ --

TA-25  

The TA-25 index increased 0.5% over the week, bringing year-to-date increase to 9.3%  

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

TA-100  

The TA-100 index increased 0.2% over the week, bringing year-to-date increase to 7.0%

TA-Com 

The TA-Com index decreased 2.5% over the week, bringing year-to-date increase to 5.3%.

CPI Index 

Figures released by the Central Bureau of Statistics indicate that in October 2014 the Consumer Price Index increased by 0.3% and remained unchanged since the beginning of the year, following an increase of 1.8% for the whole of 2013.

Corporate Bonds 

Israel Electric Corp. raised US $1.2 billion through a bond offering to institutional investors in the US. The bonds issued were listed for trading in TASE on the "TACT Institutional" system.

 There were also two bond offerings to the public by investment companies this week for US $44 million.

Since the beginning of the year the business sector raised US $14.6 billion through bond offerings, of which US $5 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 $0.2 billion.

Since the beginning of the year the MoF raised US $13.6 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.

Growth Rate 

The Central Bureau of Statistics released this week the first estimate for the third quarter of 2014 according to which GDP will decrease by 0.4% on an annual basis, after an increase of 2.2% in the second quarter and an increase of 3.2% in the first quarter of the year. It should be noted that this is the first quarterly decrease in GDP since March 2009.

Foreign Investors 

The Bank of Israel released figures indicating that foreign investors acquired a net US $170 million in holdings of TASE-listed shares in September, and since the beginning of the year acquired a net USS $0.9 billion. In addition, foreign investors acquired a net US $100 million Israel government bonds in September, and since the beginning of the year acquired a net US $2.1 billion Israel government bonds. In addition, foreign investors acquired a net US $320 million Israeli T-bills in September and since the beginning of the year acquired a net US $0.9 billion.

Sector Indices

   

                     WEEK
                             2014
    TA Bluetech      -1.1% -10.9%
    TA Banks          1.7%  -3.8%
    TA Real
    Estate-15         0.6%   3.6%

Foreign Exchange

   

               WEEK
                      2014
    Dollar/NIS 0.8%  10.8%
    Euro/NIS   1.4%   0.9%

Facts & Figures 

The Tel-Aviv Stock Exchange features in October 2014:

• 473 companies listing equities.
• 590 Exchange Traded Notes.
• 31 series of government bonds.
• 73 Series of Institutional bonds.
• 609 series of corporate bonds.
• 1,298 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 204
  • Government bonds – 133
  • Corporate bonds – 86

AboutTASE 

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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