Tel Aviv Stock Exchange Weekly Review: 25-29 August 2013

TEL AVIV, Israel, August 29, 2013 /PRNewswire/ --

Following the deterioration of  the situation in Syria, trading on TASE during the final week of August ended in price declines for most share price indices, as was the trend at leading securities exchanges around the world.

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

TA-25

The TA-25 index decreased 1.9% over the week, bringing year-to-date decrease to 0.6%.

TA-100

The TA-100 index decreased 1.2% over the week, bringing year-to-date increase to 3.1%.

TA-Oil & Gas

The TA-Oil & Gas index of communication stood out and decreased 4.2% over the week and bringing returns since the beginning of 2013 to 3.7%.

Corporate Bonds

Two real estate companies raised US$200 million in public bond offerings.

Since the beginning of the year the business sector has raised US $6.7 billion through bond offerings. Real estate companies stood out, raising 45% of the total

Government Bonds

This week the Ministry of Finance (MoF) floated US $0.3 billion government bonds in an offering on the local market.  

Since the beginning of 2013 the MoF raised US $12.6 billion in public bond offerings as opposed to US $21.3 billion in 2012.

BOI Interest Rate

The Bank of Israel left its September interest rate unchanged at 1.25%, for the fourth consecutive month.

Sector Indices

                     WEEK   YTD
    TA Bluetech-50   0.2%  3.1%
    TA Banks         -1.6% -0.8%
    TA Real
    Estate-15        -2.2% 15.6%

Foreign Exchange

               WEEK   YTD
    Dollar/NIS 1.2%  -2.8%
    Euro/NIS   0.5%  -2.2%

Facts & Figures

The Tel-Aviv Stock Exchange features in July 2013:

• 518 companies listing equities (Ex. ETNs).
• 461 index-tracking products.
• 34 series of government bonds.
• 77 Series of Institutional bonds.
• 614 series of corporate bonds.
• 1,251 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 176
  • Government bonds - 133
  • Corporate bonds - 88

AboutTASE

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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