10- 14 August 2014 Trading on the Tel Aviv Stock Exchange (TASE) during the second week of August was marked by a mix trend for all leading share indices Continued offerings in share and bond markets
TA-25
Share Offerings
The TA-25 index increased 0.2% over the week, bringing year-to-date increase to 4.5%.
This week there were two right issues which raised US $9 million. Since the beginning of 2014 the business sector raised US $1.6 billion through share offerings on the TASE, after raising US $1.7 billion for the whole of 2013.
TA-100 The TA-100 index increased 0.2% over the week, bringing year-to-date increase to 2.6%.
TA-Banks The TA-Banks increased 1.7% over the week, bringing year-to-date increase to 0.1%.
TA-Biomed The TA-Biomed index decreased 2.3% over the week, bringing year-to-date decrease to 22.0%.
Corporate Bonds The industrial company Avgol made a bond offering this week amounting to US $143 million. Since the beginning of the year the business sector raised US $9.6 billion through bond offerings, of which US $3.7 billion on the "TACT Institutional" system, after raising US $10.1 billion for the whole of 2013.
Two new ETNs were issued this week on financial share indices in the U.S., and one compound ETN combining bond and share indices. Currently there are 594 ETNs traded on the TASE.
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 $10.5 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.
Sector Indices TA BlueTech TA Banks TA Real Estate-15
ETN Offerings
WEEK -0.6% 1.7% -0.6%
2014 -10.6% 0.1% -1.4%
Foreign Exchange Dollar/NIS Euro/NIS
WEEK -0.2% -0.2%
For more information please contact: Idit Yaaron or Orna Goren, TASE, +972 (3) 5677 405/6 Visit the Tel Aviv Stock Exchange's Website: www.tase.co.il
2014 0.0% -2.9%
Facts & Figures
About TASE
International
The Tel-Aviv Stock Exchange features in July 2014: 475 companies listing equities. 591 Exchange Traded Notes. 34 series of government bonds. 74 Series of Institutional bonds. 595 series of corporate bonds. 2,187 mutual funds. Market Cap. (US$ billions) o Equities - 218 o Government bonds – 147 o Corporate bonds - 92
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.
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.