Tel Aviv Stock Exchange Weekly Review: June 14-18, 2015

TEL AVIV, Israel, June 18, 2015 /PRNewswire/ --

Trading on the Tel-Aviv Stock Exchange (TASE) during the third 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 0.7% over the last week, and increased 15.0% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

TA-100  

The TA-100 index decreased 0.1% over the last week, and increased 12.9% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA -Oil & Gas 

The TA - Oil & Gas Index increased 3.6% over the week, and increased 26.1% since the beginning of the year, after a decrease of 20.1% in 2014.  

Corporate Bonds 

This week two companies raised US$ 300 million in bond offerings to the public. The most prominent of the offerings was made by "Migdal Insurance Funds" whose bonds are traded on the TACT - Institutional system, and which this week raised US$ 288 million in an initial public bond offering.

Since the beginning of the year the business sector raised US$ 7.9 billion through bonds.

In 2014, the business sector raised US$ 16.1 billion through bonds 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 has raised US $5 billion.

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

CPI Index 

Figures released by the Central Bureau of Statistics indicate that the Consumer Price Index increased by 0.2% in May. Since the beginning of the year, the index decreased by 0.5%, after decreasing by 0.2% in 2014.

Economic Growth  

The Central Bureau of Statistics released this week a second estimate for the first quarter of 2015, indicating that GDP increased by 2.1% (in annual terms), compared with 2.5% in the first estimate, following an increase of 6.5% in the previous quarter and 0.8% in the third quarter of 2014.

Sector Indices

   

                     WEEK   2015
    TA Tech-Elite    0.8%  15.2%
    TA Banks        -0.9%  16.0%
    TA Real
    Estate-15        2.9%  15.4%

Foreign Exchange

   

             
               WEEK   2015
    Dollar/NIS -0.7%  -2.0%
    Euro/NIS    0.8%  -8.0%

Facts & Figures 

The Tel-Aviv Stock Exchange features in May 2015:

• 469 companies listing equities.
• 629 Exchange Traded Notes.
• 31 Series of government bonds.
• 72 Series of Institutional bonds.
• 590 series of corporate bonds.
• 1,352 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 226
  • Government bonds - 130
  • Corporate bonds - 83

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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