Tel-Aviv Stock Exchange Weekly Review 17-21 March 2013
Trading on the Tel-Aviv Stock Exchange (TASE) during the third week of March was marked by a mixed trend.
TEL AVIV, Israel, March 21, 2013 /PRNewswire/ --
TA-25
The TA-25 index decreased 0.1% over the week, bringing year-to-date increase to 4.5%.
TA-100
The TA-100 index did not change over the week, bringing year-to-date increase to 5.3%.
TA-Com
The TA-Com index of communications companies stood out and increased, 4.6% over the week and bringing returns since the beginning of 2013 to 6.4%.
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Government Bonds
This week the Ministry of Finance (MoF) floated US $0.5 billion government bonds in an offering on the local market. In the first quarter of 2013 the MoF raised US $4.7 billion in public bond offerings.
Corporate Bonds
Five real estate companies raised US $315 million in public bond offerings.
Since the beginning of the year the business sector raised US $2.8 billion through bond offerings. Real estate companies stood out, raising 43% of the total.
Consumer Price Index
Figures released by the Central Bureau of Statistics indicate that the CPI index for February 2013 remained unchanged, following a 0.2% decline in the previous month and a total increase of only 1.6% for the entire 2012 year.
Composite State-of-the-Economy Index
Figures released by the Bank of Israel indicate an increase of 0.2% in Composite State-of-the-Economy Index in February 2013. The pace of economic expansion in 2013, as reflected by this index, is higher than that for the fourth quarter of 2012, but lower than that for the corresponding period last year.
Sector Indices
WEEK YTD 2013 TA Bluetech-50 -2.4% -1.0% TA Banks -1.2% 1.1% TA Real Estate-15 1.9% 8.4%
Foreign Exchange
WEEK YTD 2013 Dollar/NIS -0.1% -1.5% Euro/NIS -1.1% -3.4%
Facts & Figures
The Tel-Aviv Stock Exchange features in February 2013:
- 529 companies listing equities (Ex. ETNs).
- 441 index-tracking products.
- 35 series of government bonds.
- 88 Series of Institutional bonds.
- 647 series of corporate bonds.
- 1,294 mutual funds.
- Market Cap. (US$ billions)
- Equities - 169
- Government bonds - 124
Corporate bonds - 100
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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