Tel-Aviv Stock Exchange Weekly Review 24-28 February 2013
Trading on the Tel-Aviv Stock Exchange (TASE) during the last week of February was marked by price gains in all leading TASE's indices
TEL AVIV, Israel, February 28, 2013 /PRNewswire/ --
TA-25
The TA-25 index increased 0.3% over the week, bringing year-to-date increase to 3.0%.
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TA-100
The TA-100 index increased 0.4% over the week, bringing year-to-date increase to 4.0%.
TA-Biomed
The TA-Biomed index stood out and increased 1.8% over the week and bringing return since the beginning of the year to 8.5%.
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 $3.2 billion from public bond offerings.
Corporate Bonds
Six companies raised US $245 million in public bond offerings. Since the beginning of the year the business sector raised US $2.3 billion by bonds.
Next week the "Zarasai Group", a foreign real estate company, is about to issue a first series of bonds of US $92 million.
Shelf Offerings
Today was the last date for publishing of shelf offering prospectuses based on September 2012 financial statements. 13 companies have published shelf offering prospectuses, which will enable them to raise funds in the next two years.
BOI Interest Rates
The bank of Israel left the interest rate unchanged, three months in a roll at 1.75% per annum.
Sector Indices
WEEK YTD 2013 TA Bluetech-50 0.9% 0.3% TA Banks 0.5% 3.6% TA Real Estate-15 1.1% 6.7%
Foreign Exchange
WEEK YTD 2013 Dollar/NIS -0.1% -0.7% Euro/NIS -0.7% -1.2%
Facts & Figures
The Tel-Aviv Stock Exchange features in January 2013:
- 533 companies listing equities.
- 440 index-tracking products.
- 34 series of government bonds.
- 642 series of corporate bonds.
- 1,290 mutual funds.
- Market Cap. (US$ 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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