Tel Aviv Stock Exchange Weekly Review: 26-30 October

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

TA-25  

The TA-25 index decreased 1.5% over the week, bringing year-to-date increase to 7.1% 

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

TA-100 

The TA-100 index decreased 1.3% over the week, bringing year-to-date increase to 5.7%

TA-Banks 

The TA-Banks index decreased 3.4% over the week, bringing year-to-date decrease to 3.7%

Share Offering 

This week there was one public offering in the share market and one rights issue amounting to US $22 million.

Most of the amount, US $20 million, was raised in a rights issue by the A.D.O. Group real estate company.

Since the beginning of 2014 the business sector raised US $1.9 billion through share offerings on the TASE, compared with US $1.7 billion raised for the whole of 2013.

It should be noted that for the second consecutive year there were significant share offerings by real estate companies amounting to US $0.5 billion - representing 60% of the total raised this year in public share offerings compared with 50% in 2013.

Government Bonds 

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 $12.9 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.

BOI Interest Rate  

The Bank of Israel left the interest rate unchanged at 0.25% for November 2014.

Composite State-of-the-Economy Index  

The Bank of Israel released figures indicating that the Composite State-of-the-Economy index rose 0.2% in September. The rate of growth of the Index is faster than its increase in previous months, when the index was affected among other things by negative repercussions of the "Protective Edge" campaign.

Sector Indices

   

                       WEEK
                               2014
    TA Bluetech      (0.8%) (11.1%)
    TA Banks         (3.4%)  (3.7%)
    TA Real
    Estate-15        (2.9%)    2.5%

Foreign Exchange

   

                 WEEK
                        2014
    Dollar/NIS (0.4%)   8.8%
    Euro/NIS   (0.8%) (0.6%)

Facts & Figures 

The Tel-Aviv Stock Exchange features in September 2014:

• 473 companies listing equities.
• 590 Exchange Traded Notes.
• 32 series of government bonds.
• 73 Series of Institutional bonds.
• 614 series of corporate bonds.
• 1,296 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 211
  • Government bonds - 135
  • 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(076)8160405/6
Visit the Tel Aviv Stock Exchange's Website: http://www.tase.co.il

SOURCE Tel Aviv Stock Exchange (TASE)

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