Tel-Aviv Stock Exchange Weekly Review 17-21 February 2013

TEL AVIV, Israel, February 21, 2013 /PRNewswire/ --

Trading on the Tel-Aviv Stock Exchange (TASE) during the third week of February ended with small changes in leading TASE's indices.

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

TA-25

The TA-25 index decreased 0.2% over the week, bringing year-to-date increase to 2.7%.

TA-100

The TA-100 index decreased 0.1% over the week, bringing year-to-date increase to 3.5%.

New Corporate Bond Index - Tel Bond Yields

The index, which was launched on Monday, February 18, includes corporate bonds rated (A) to (BBB-). The index includes 66 series of CPI-linked, fixed interest corporate bonds and currently has a market cap of US $13 billion.

Government Bonds

This week the Ministry of Finance floated US $0.4 billion government bonds in an offering on the local market. Since the beginning of the year, the Israeli government has raised US $2.8 billion from public bond offerings.

Composite State-of-the Economy Index

The Bank of Israel released figures indicating that the Composite State-of-the-Economy index increased 0.2% in January 2013, a rate higher than that registered in previous months.

Economic Growth

The Central Bureau of Statistics released figures indicating that in the fourth quarter of 2012 the GDP increased 2.5% (annualized) the lowest level of growth since the third quarter of 2009. Since the beginning of 2012 there has been a continual decrease in the pace of quarterly growth.

Consumer Price Index

The Central Bureau of Statistics released figures indicating a 0.2% decrease in the Consumer Price Index in January 2013, following a 1.6% increase in 2012.

Sector Indices

                     WEEK  YTD 2013
    TA Bluetech-50   -0.7%  -0.6%
    TA Banks         -0.1%   3.2%
    TA Real
    Estate-15         0.4%   5.5%

Foreign Exchange

                      YTD

               WEEK   2013
    Dollar/NIS -0.3% -1.6%
    Euro/NIS   -1.4% -1.6%

Facts & Figures

The Tel-Aviv Stock Exchange features in January 2013:

• 533 companies listing equities.
• 440 index-tracking products.
• 34 series of government bonds.
• 642 series of corporate bonds.
• 1,290 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 163
  • Government bonds - 122

Corporate bonds - 99

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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