Tel Aviv Stock Exchange Weekly Review: 19-30 April 2015

TEL AVIV, Israel, April 30, 2015 /PRNewswire/ --

Trading on the Tel-Aviv Stock Exchange (TASE) during the last two weeks of April was marked by a decline in prices in most leading TASE Indices."Optibase" returns to TASE and makes dual listing 

TA-25  

The TA-25 index decreased 2.5% over the last two weeks, and increased 12.3% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

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TA-100  

The TA-100 index decreased 3.3% over the last two weeks, and increased 11.0% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA  Com 

The TA Com Index decreased 5.3% over the last two weeks, and decreased 6.1% since the beginning of the year, after an increase of 10.4% in 2014.  

Share Offerings 

In the last two weeks there were three public offerings and two rights issues by high tech companies amounting to US $96 million. Most of the amount, US $89 million, was raised by the CleanTech company Energix Group.

In the first third of 2015 the business sector raised a total of US $555 million in shares on the TASE.

In 2014 the business sector raised US $2.1 billion through shares on the TASE.

Corporate Bonds 

This week there were two public bond offerings by Airport City and Elco in the amounts of US $65 million and US $39 million, respectively.

In the first third of 2015 the business sector raised a total of US $5.1 billion through bonds.

In 2014 the business sector raised US $16.1 billion through bond offerings on the TASE.

Government Bonds 

In the last two weeks the Ministry of Finance (MoF) made two bond offerings listed on the Tel-Aviv Stock Exchange, amounting to US $0.5 billion, and since the beginning of the year the MoF raised US $3.4 billion.

In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE.

Sector Indices

   

                     2 WEEKS
                              2015
    TA Tech-Elite     -4.2%  14.3%
    TA Banks           1.3%   8.5%
    TA Real
    Estate-15         -1.8%  21.0%

Foreign Exchange

   

                  WEEK
                          2015
    Dollar/NIS    -1.7%  -0.7%
    Euro/NIS       1.8%  -8.6%

Facts & Figures 

The Tel-Aviv Stock Exchange features in March 2015:

•  470 companies listing equities.
•  616 Exchange Traded Notes.
•  30 Series of government bonds.
•  73 Series of Institutional bonds.
•  601 series of corporate bonds.
•  1,339 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 217
  • Government bonds - 129
  • Corporate bonds - 80

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-(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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