4– 8 January 2015 Trading on the Tel Aviv Stock Exchange (TASE) during the first week of 2015 was characterized by a mixed trend in the leading share indices. The largest increases this week of 6.5% were in biomed shares
TA-25
Share Offerings
Foreign Investors
The TA-25 index increased 0.5% over the week, and increased 0.3% since the beginning of the year, after an increase of 10% for the whole of 2014.
This week there was one share offering by a biomed company amounting to US $0.4 million. In 2014 the business sector raised US $2.1 billion through shares on the TASE.
TA-100
Corporate Bonds
The TA-100 index increased 0.2% over the week, and increased 0.1% since the beginning of the year, after an increase of 6.7% for the whole of 2014.
This week Dexia Israel Bank made a corporate bond offering to the public amounting to US $191 million. For the whole of 2014 the business sector raised US $16.1 billion through bonds, of which US $5.8 billion on the "TACT Institutional" system.
The Bank of Israel released figures this week indicating that foreign investors acquired a net US $150 million in holdings of TASE-listed shares in November, and since the beginning of 2014 acquired a net USS $1.2 billion.
TA-Biomed The TA- Biomed index increased 6.5% over the week, and increased 7.6% since the beginning of the year, after a decrease of 34% for the whole of 2014.
TA-Com The TA-Com index decreased 4.7% over the week and decreased 6.4% since the beginning of the year, after an increase of 10% for the whole of 2014.
Government Bonds The Ministry of Finance (MoF) made a bond offering this week listed on the TelAviv Stock Exchange for US $0.2 billion. In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE
Sector Indices WEEK
TA BlueTech TA Banks TA Real Estate-15
1.1% 0.2% -1.2%
2014 1.3% -0.2% -0.7%
In addition, foreign investors acquired a net US $220 million Israel government bonds in November, and since the beginning of 2014 acquired a net US $2.3 billion Israel government bonds. Foreign investors also acquired a net US $140 million Israeli Tbills in November, totaling US $1.2 billion since the beginning of 2014.
Foreign Exchange WEEK
Dollar/NIS Euro/NIS
1.4% -0.9%
2014 2.2% -1.0%