Tel Aviv Stock Exchange Weekly Review 26-30 January

TEL AVIV, Israel, January 30, 2014 /PRNewswire/ --

TA-25

The TA-25 index decreased 1.7% over the week, bringing year-to-date decrease to 2.2%, after increasing 12% in 2013.

TA-100

The TA-100 index decreased 1.7% over the week, bringing year-to-date decrease to 0.7%, after increasing 15% in 2013.

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Share Offerings

This week there were two rights offerings of US $6 million by biomed companies.

During January 2014 the business sector raised US $0.7 billion through shares in Israel, after raising a total of US $1.7 billion for the whole of 2013.  

Corporate Bonds

This week there were two bond offerings, with most of the amount - US $0.5 billion - raised by Mizrahi-Tefahot Bank.

During January 2014 the business sector raised US $0.8 billion through bonds, after raising a total of US $10.1 billion for the whole of 2013.

Interest Rate

The Bank of Israel kept the interest rate for February unchanged at 1% for the fifth consecutive month.

Government  Bonds

This week the Ministry of Finance (MoF) made a public bond offering listed on the TASE amounting to US $0.3 billion.

Since the beginning of the year the MoF raised US $1.3 billion, after raising a total of US $18.2 billion for the whole of 2013.

Sector Indices

                     WEEK  2014
    TA Bluetech-50   -3.7% 1.9%
    TA Banks         -0.6% -5.6%
    TA Real
    Estate-15        -1.9% -3.0%

Foreign Exchange

               WEEK   2014
    Dollar/NIS 0.3%   0.6%
    Euro/NIS   -0.3% -0.7%

Facts & Figures

The Tel-Aviv Stock Exchange features in December 2013:

• 508 companies listing equities.
• 530 Exchange Traded Notes.
• 33 series of government bonds.
• 71 Series of Institutional bonds.
• 651 series of corporate bonds.
• 1,281 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 203
  • Government bonds - 139
  • Corporate bonds - 90

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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