Tel Aviv Stock Exchange Weekly Review: 29 June - 3 July 2014
Trading on the Tel Aviv Stock Exchange (TASE) during the week was ended up for most leading share indices Continued offerings in bond and equity markets
TEL AVIV, Israel, July 3, 2014 /PRNewswire/ --
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TA-25
The TA-25 index increased 0.5% over the week, bringing year-to-date increase to 4.7%.
TA-100
The TA-100 index increased 0.9% over the week, bringing year-to-date increase to 4.3%.
TA-Com
The TA-Com decreased 2.2% over the week, bringing year-to-date increase to 3.1%.
Share Offerings
Three companies raised US $115 million this week in share & convertibles offerings, of which US $92 million were raised in a rights issue by IDB Development.
Since the beginning of the year the business sector raised US $1.5 billion through share offerings, after raising US $1.7 billion for the whole of 2013.
Corporate Bonds
There was a bond offering this week by a real estate company amounting to US $16 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 $8.3 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.
Adding the new shares of "Ashtrom Group" and "Inrom Construction" to TASE indices by "fast track"
The shares of Ashtrom Group will be added to the TA-100 Index and the shares of Inrom Construction will be added to the TA MidCap-50 Index on July 6, by the "fast track" for adding new shares to TASE indices.
Sector Indices
Week 2014 TA Bluetech-50 1.6% -4.3% TA Banks 0.5% -2.1% TA Real Estate-15 0.6% 3.3%
Foreign Exchange
WEEK 2014 Dollar/NIS -0.3% -1.4% Euro/NIS -0.1% -2.2%
Facts & Figures
The Tel-Aviv Stock Exchange features in June 2014:
- 485 companies listing equities.
- 579 Exchange Traded Notes.
- 33 series of government bonds.
- 76 Series of Institutional bonds.
- 596 series of corporate bonds.
- 1,289 mutual funds.
- Market Cap. (US$ billions)
- Equities - 218
- Government bonds - 144
- Corporate bonds - 92
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.
Visit the Tel Aviv Stock Exchange's Website: http://www.tase.co.il
For more information please contact:
Idit Yaaron or Orna Goren, TASE, +972(3)5677-405/6
SOURCE Tel Aviv Stock Exchange Ltd
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