Tel Aviv Stock Exchange Weekly Review: 3-7 May 2015

TEL AVIV, Israel, May 7, 2015 /PRNewswire/ --

Trading on the Tel-Aviv Stock Exchange (TASE) during the first week of May was marked by a decline in prices in most leading TASE Indices. 

ETNs were issued for the first time on the BlueStar Israel Global Index 

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TA-25  

The TA-25 index decreased 0.7% over the last week, and increased 11.5% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

TA-100  

The TA-100 index decreased 0.7% over the last week, and increased 10.2% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA  Gas & Oil 

The TA Gas & Oil Index increased 1.8% over the week, and increased 11.2% since the beginning of the year, after a decrease of 20% in 2014.  

Corporate Bonds 

Four real estate companies made fixed-interest shekel bond offerings to the public this week for US $80 million, of which US$ 31 million was raised by Ashdar.  

Since the beginning of the year, the business sector raised a total of US $5.3 billion through bonds.

In 2014, the business sector raised US $16.1 billion through bond offerings on the TASE.

Government Bonds 

The Ministry of Finance (MoF) made a bond offering this week listed on the Tel-Aviv Stock Exchange, amounting to US $0.2 billion, and since the beginning of the year the MoF raised US $3.7 billion.

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

ETN Offerings 

This week, 2 first time ETNs were issued on the BlueStar Global Index - which currently includes 114 Israeli or foreign stocks with extensive activity in Israel.

Currently there are 627 ETNs traded on the TASE.

Foreign Investors 

The Bank of Israel released figures this week indicating that foreign investors acquired a net US $260 million in TASE-listed shares in March, with net acquisitions in the first quarter of the year totaling US $610 million.

In addition, in March, foreign investors acquired a net US $380 million in government bonds, with net acquisitions of government bonds in the first quarter of the year totaling US $710 million.

There was balanced activity of foreign investors in Israeli T-bills in March, with net disposals of Israeli T-bills in the first quarter of the year totaling US $250 million.

Sector Indices

               
                     WEEK  2015
    TA Tech-Elite    -1.6% 12.4%
    TA Banks         -0.4%  8.0%
    TA Real
    Estate-15        -3.0% 17.3%

Foreign Exchange

            
               WEEK   2015
    Dollar/NIS 0.2%  -0.6%
    Euro/NIS   0.6%  -7.6%

Facts & Figures 

The Tel-Aviv Stock Exchange features in April 2015:

• 470 companies listing equities.
• 625 Exchange Traded Notes.
•   29 Series of government bonds.
•   73 Series of Institutional bonds.
• 596 series of corporate bonds.
• 1,342 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 224
  • Government bonds - 132
  • Corporate bonds - 83

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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