Tel Aviv Stock Exchange Weekly Review: 22-26 June 2014

TEL AVIV, Israel, June 26, 2014 /PRNewswire/ --

TA-25  

The TA-25 index decreased 1.4% over the week, bringing year-to-date increase to 4.1%.

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

TA-100  

The TA-100 index decreased 1.4% over the week, bringing year-to-date increase to 3.4%.

TA-Com 

The TA-Com increased 0.7% over the week, bringing year-to-date increase to 5.4%.

Convertible Bonds 

A real estate company raised this week US $18 million in a convertible bond offering.

Since the beginning of the year the business sector raised US $1.3 billion through share offerings, after raising US $1.7 billion for the whole of 2013.

Corporate Bonds 

Six companies made bond offerings amounting to US $180 million. Since the beginning of the year the business sector raised US $8.3 billion through bond offerings, of which US $3.3 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 $0.4 billion.

Since the beginning of the year the MoF raised US $7.9 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.

ETN Offerings 

Eight new ETNs were issued this week - including the first four ETNs on the Tel Bond-Composite, a bond index launched on the TASE in March 2014.

BOI Interest Rate 

The Bank of Israel kept the interest rate unchanged at 0.75% for July 2014, for the fifth consecutive month.

Composite State-of-the-Economy Index 

The Bank of Israel released figures indicating that the Composite State-of-the-Economy index rose by 0.2% in May. The index reflects a moderate rate of growth in the economy similar to that in the last three years, after two months when the rate of growth was more moderate.

Unemployment 

The Central Bureau of Statistics released figures indicating the unemployment rate in May increased for the first time this year to 5.9%, compared with 5.7% in the previous two months and an average of 6.3% for 2013.

Sector Indices

                      Week   2014
    TA Bluetech-50   -2.5%  -5.8%
    TA Banks         -2.4%  -2.7%
    TA Real
    Estate-15        -2.1%   2.6%

Foreign Exchange

                      WEEK   2014
    Dollar/NIS       -0.3%  -1.1%
    Euro/NIS         -0.3%  -2.3%

Facts & Figures 

The Tel-Aviv Stock Exchange features in May 2014:

• 485 companies listing equities.
• 568 Exchange Traded Notes.
• 34 series of government bonds.
• 78 Series of Institutional bonds.
• 595 series of corporate bonds.
• 1,280 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 215
  • Government bonds - 143
  • Corporate bonds - 91

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