November- 4 December 2014 30 Trading on the Tel Aviv Stock Exchange (TASE) during the first week of December was marked by a mixed trend for all leading share indices new bond companies and continued offerings in the bond market 2
Two new types of orders for trading on the TASE The TASE Board of Directors approved two new types of orders for trading in securities – “Stop Limit” and “Iceberg”. In this way the TASE is following the practice of leading stock exchanges abroad that offer these two types of orders to their .traders The new orders will be available to all the customers of all the members of the TASE, and in all types of securities except for .derivatives Subject to the approval of the Israel Securities Authority, the new orders will come into effect on December 28, .2014
Corporate Bonds
TA-25
This week there was a bond offering to the public by a new foreign company, which is engaged in initiating real estate projects and income-producing real estate in New York - Lightstone,
The TA-25 index increased 0.5% over the week, bringing year-todate increase to 11.7%
.which raised US $120 million An Israeli company Ahuzat Bayit also made an initial bond offering to the
TA-100
.public and raised US $50 million In addition, two long-established companies made bond offerings to the
The TA-100 index increased 0.6% over the week, bringing year-todate increase to 9.3%
.public of US $100 million Since the beginning of the year the business sector raised US $15.1 billion through bond offerings, of which US $5 billion on the "TACT Institutional" system, after raising US $10 billion for .the whole of 2013
TA- Oil & Gas The TA-Oil & Gas index decreased 2.9% over the week, bringing year-to-
.date decrease to 2.5% Share Offerings
Government Bonds The Ministry of Finance (MoF) made a public bond offering listed on the TASE amounting to US $0.2 .billion Since the beginning of the year the MoF raised US $14 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of .2013
This week there were two share offerings to the public amounting to US .$2.5 million Since the beginning of 2014 the business sector raised US $2 billion through share offerings on the TASE, compared with US $1.7 billion raised for the whole of .2013
Foreign Exchange 2014 14.8% 2.6%
Sector Indices 2014 6.0%3.6%4.2%
WEEK
2.5% 1.5%
Dollar/NIS Euro/NIS
International
About TASE
In recent years, TASE has enhanced its international presence, signing Memoranda of Understanding with the London Stock Exchange, NASDAQ, NYSE-Euronext the Shanghai Stock Exchange, and Toronto Stock
Established in September 1935, the Tel-Aviv Stock Exchange is Israel’s sole securities exchange, offering an increasingly sophisticated range of products to investors, including equity, corporate bonds, treasury bills and notes, index
.Exchange
.products and derivatives
WEEK
2.2% 1.3%0.1%-
TA BlueTech TA Real Estate-15
Facts & Figures The Tel-Aviv Stock Exchange features :in November 2014 .companies listing equities 473 .Exchange Traded Notes 588 .series of government bonds 31 .Series of Institutional bonds 74 .series of corporate bonds 607 .mutual funds 1,310 (Market Cap. (US$ billions Equities - 203 o Government bonds – 129 Corporate bonds - 82
:For more information please contact Idit Yaaron or Orna Goren, TASE, +972 (076) 8160405/6
Visit the Tel Aviv Stock Exchange's Website: www.tase.co.il
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