25 – 29 January 2015 Trading on the Tel Aviv Stock Exchange (TASE) during the last week of January was characterized by a mix trend in all the leading share indices TA- Oil and gas Index made notable increase of 6.0% Trading commences in derivatives on the TA-100 Index
TA-25
Corporate Bonds
The TA-25 index decreased 0.5% over the week and decreased 1.2% since the beginning of the year, after an increase of 10.2% for the whole of 2014.
This week there were three bond offerings by the business sector amounting to US $312 million. The largest offering was made by the Gazit Globe real estate company amounting to US $200 million. Since the beginning of the year, the business sector raised US $0.8 billion through bond offerings on the TASE. In 2014 the business sector raised US $16.1 billion through bond offerings on the TASE.
TA-100 The TA-100 index decreased 0.1% over the week and decreased 1.5% since the beginning of the year, after an increase of 6.7% for the whole of 2014.
Government Bonds
TA Gas & Oil The TA Gas & Oil index increased 6.0% over the week and decreased 0.3% since the beginning of the year, after decrease of 20.1% for the whole of 2014.
The Ministry of Finance (MoF) made a bond offering listed on the Tel-Aviv Stock Exchange this week amounting to US $0.2 billion, and since the beginning of the year the MoF raised US $1 billion. In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE.
Sector Indices WEEK
TA Tech-Elite TA Banks TA Real Estate-15
2.4% -0.8% 1.5%
TASE launches Options and Futures Contracts on the TA-100 Index On Thursday, January 29, 2015, trading commenced in options and futures contracts on the TA100 Index. The derivatives on the TA-100 Index join existing derivatives on several underlying assets: TA-25 Index, TA-Banks Index, the Shekel-Dollar exchange rate, the Shekel-Euro exchange rate, and 10 shares out of the TA-25 Index.
BOI Interest Rate The Bank of Israel left the interest rate unchanged at 0.25% for February 2015.
Foreign Exchange
2015 2.1% -2.2% 3.2%
WEEK
Dollar/NIS Euro/NIS
-0.9% -0.5%
2015 1.0% -6.0%
Facts & Figures
About TASE
International
The Tel-Aviv Stock Exchange
Established in September
In recent years, TASE has