Tel Aviv Stock Exchange Weekly Review: 29 March - 02 April 2015

TEL AVIV, Israel, April 2, 2015 /PRNewswire/ --

TA-25  

The TA-25 index increased 2.9% over the week and increased 12.0% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

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TA-100  

The TA-100 index increased 2.2% over the week and increased 10.8% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA-Banks 

The TA-Banks index increased 4.5% over the week and increased 8.5% since the beginning of the year, after a decrease of 5.6% for the whole of 2014.

ETN Offerings 

This week 5 new ETNs were issued on international share indices and a new ETN on local government bonds index.

Currently there are 617 ETNs traded on the TASE.  

Corporate Bonds 

This week seven companies raised US $0.9. billion in public bond offerings.

The largest offerings were made by Melisron amounting to US $234 and the companies Gazit Globe, International Bank, Extel Limited that raised US $ 150-170 million, each one.

From the beginning of 2015 the business sector raised a total of US $5 billion through bonds. In 2014 the business sector raised US $16.1 billion through bond offerings on the TASE.

Share Offerings 

This week there were four public offerings amounting to US $36 million. Most of the amount, US $32 million, was raised by the BIG real estate company.

In the first quarter of 2015 the business sector raised a total of US $480 million in shares on the TASE. In 2014 the business sector raised US $2.1 billion through shares on the TASE.

Unemployment  

The Central Bureau of Statistics released figures indicating that the unemployment rate decreased to 5.3% in February 2015, compared with 5.6% in the previous month and an average of 5.9% in 2014.

This is the lowest rate of unemployment in many years.

Government Bonds 

The Ministry of Finance (MoF) made a bond offering listed on the Tel-Aviv Stock Exchange this week amounting to US $0.2 billion, totaling US $2.6 billion in the first quarter of the year.

In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE.

Sector Indices

   

                             WEEK    2015
    TA Tech-Elite            1.3%   17.0%
    TA Banks                 4.5%    8.5%
    TA Real Estate-15        2.7%   21.0%

Foreign Exchange

   

                 WEEK   2015
    Dollar/NIS  -0.4%   1.7%
    Euro/NIS    -1.0%  -9.5%

Facts & Figures 

The Tel-Aviv Stock Exchange features in March 2015:

• 470 companies listing equities.
• 616 Exchange Traded Notes.
•   30 Series of government bonds.
•   73 Series of Institutional bonds.
• 601 series of corporate bonds.
• 1,339 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 217
  • Government bonds - 129
  • Corporate bonds - 80

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-(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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