Tel Aviv Stock Exchange Weekly Review: 8-12 June 2014

TEL AVIV, Israel, June 12, 2014 /PRNewswire/ --

Trading on the Tel Aviv Stock Exchange (TASE) during the second week of June was marked by a mix trend in the leading share indices 

Continued offerings in the bond market 

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

TA-25  

The TA-25 index decreased 0.2% over the week, bringing year-to-date increase to 5.1%.

TA-100  

The TA-100 index decreased 0.1% over the week, bringing year-to-date increase to 4.2%.

TA MidCap-50 

The TA MidCap-50 increased 1.9% over the week, bringing year-to-date increase to 4.3%.

Corporate Bonds 

Two companies made bond offerings amounting to US $90 million.

Since the beginning of the year the business sector raised US $7.4 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 $7.1 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.

ETN Offerings 

4 new ETNs were issued this week - 2 compound certificates on domestic bond indices and international share indices, and 2 compound certificates on international share indices.

Currently there are 571 ETNs traded on the TASE.

Foreign Investors 

The Bank of Israel released figures this week indicating that foreign investors acquired a net US $90 million in TASE-listed shares in April, following the acquisition of shares amounting to US $180 million in the first quarter of 2014, and a net total of US $1.5 billion for the whole of 2013.

In addition, foreign investors acquired a net US $190 million of Israel government bonds in April, following the acquisition of a net US $30 million of Israel government bonds in the first quarter of 2014.

Sector Indices

                    Week    2014
    TA Bluetech-50    0.1%  -3.7%
    TA Banks         -2.1%  -1.2%
    TA Real
    Estate-15         0.7%   2.8%

Foreign Exchange

               WEEK   2014
    Dollar/NIS -0.1% -0.3%
    Euro/NIS   -1.0% -2.1%

Facts & Figures 

The Tel-Aviv Stock Exchange features in May 2014:

• 485 companies listing equities.
• 568 Exchange Traded Notes.
• 34 series of government bonds.
• 78 Series of Institutional bonds.
• 595 series of corporate bonds.
• 1,280 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 215
  • Government bonds - 143

Corporate bonds - 91

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(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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