Tel Aviv Stock Exchange Weekly Review: 2-6 June 2013

TEL AVIV, Israel, June 6, 2013 /PRNewswire/ --

Trading on the Tel-Aviv Stock Exchange (TASE) during the first week of June was marked by a mix trend

TA-25

The TA-25 index decreased 0.5% over the week, bringing year-to-date increase to 3.3%.

TA-100

The TA-100 index decreased 0.6% over the week, bringing year-to-date increase to 5.0%.

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

Government Bonds

This week the Ministry of Finance (MoF) floated US $0.4 billion government bonds in an offerings on the local market.  From the beginning of 2013 the MoF raised US $8.2 billion in public bond offerings.

Corporate Bonds

Four companies raised US $190 million in public bond offerings this week. Since the beginning of the year the business sector raised US $4.8 billion through bond offerings. Real Estate companies stood out, raising 40% of the total.

ETNs issue

This week issued four first ETNs totaling $40 million bond tracking the "Tel - Bond yields Index" launched in February 2013. The index consists of 62 corporate linked bonds fixed interest rate, ranking (BBB-) to (A). The total Market Capitalization of the index came to US $12 billion.

Foreign Investors

The Bank of Israel released figures this week indication that foreign investors purchased shares on TASE for a net US $110 million in April, bringing the total of net investment for the first four months of 2013 to US $660 million.

Foreign investors also purchased government bonds on TASE for a net US $430 million and liquidated net holdings of US $110 million in

Treasury Bills (MAKAM) in April 2013.

Sector Indices

                     WEEK   YTD
    TA Bluetech-50   -2.1% -1.8%
    TA Banks          1.0%  4.7%
    TA Real
    Estate-15        0.6%  18.5%

Foreign Exchange

               WEEK   YTD
    Dollar/NIS -0.9% -2.3%
    Euro/NIS   -0.3% -2.7%

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 (TASE)

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