Tel Aviv Stock Exchange Corporate Fact Sheet July 2014

TEL AVIV, Israel, August 7, 2014 /PRNewswire/ --

Fast Facts 

  • Market capitalization (Excluding ETNs): 
    • Equities:US$218 billion;  
    • Bonds:US$239 billion 

  • Daily Turnover Y-T-D (Including off-the-floor transactions): 
  • Equities (Including ETNs):US$337 million; 
  • Government Bonds:US$886 million 
  • Corporate Bonds(Including ETNs): US$269 million 
  • Treasury Bills: US$184 million 
  • TA-25 Index Options: 189 thousands of contracts 

  • 475 equity companies  
  • 47 companies cross-listed abroad 
  • 591 index-tracking products (ETN's) 
  • 34 series of government bonds 
  • 595 series of corporate bonds 
  • 74 series of Institutional bonds 
  • 1,287 mutual funds

For TASE Monthly Main Indicators 

Israel Key Macroeconomic indicators 

  • GDP per capita:
    2013 - US$ 36,200
  • GDP growth:
    2013- 3.3%, 2014 Est.  - 2.9%
  • Inflation:
    2013 - 1.8%; Jan-Jun 2014 - 0%
  • Bank of Israel interest rate:
    Aug 2014 - 0.50%
  • Surplus in balance of payments
  • Budget deficit:
    2013: 3.2% of GDP, 2014 (Est.) 3.2%

Tel Aviv Stock Exchange 

Established in September 1953, the Tel Aviv Stock Exchange (TASE) is an efficient one-stop shop for the securities industry, hosting an increasingly sophisticated range of products available to investors, including shares, corporate bonds, treasury bills and bonds, index-tracking products and derivatives. TASE is a fully-automated exchange with a central order book trading system, providing clearing, settlement and depository services.

     (Logo: http://photos.prnewswire.com/prnh/20130117/588933 )

NEWS 

TASE's Market Analysis Project Gets Underway-                                                                

TASE is  launching an innovative program designed to increase local and foreign investor awareness of high tech companies publicly traded on the Tel-Aviv Stock Exchange. "Project Analysis" facilitates analyst coverage of TASE listed high-tech companies and of TASE's "Technology" and "Biomed" sectors. The initiative is part of TASE's implementation of the recommendations tendered by the Committee to Promote Investment in Public Companies Engaged in R&D and it follows the launch of the TA Tech-Elite index this past May.  For more information

TASE Board of Directors Aligns with International Standards and Strengthens Risk Management Framework-                                                                                                  

A comprehensive risk management policy incorporating all TASE Group companies has been approved and a Board of Directors Risk Management Committee has been established. For More Information

Membership 

The TASE is owned by its members, which comprise the Bank of Israel (Israel's central bank), 15 banks and 11 investment houses. The banks are supervised by the Bank of Israel and the investment houses by the TASE. The TASE permits international banks and investment houses that have no permanent representation in Israel to become 'remote members'. For the TASE Members' list.

Dual Listing 

Companies traded in the USA and on the London Stock Exchange (Main Market) can dual-list their shares on the TASE.  Dual-listing, which does not entail significant costs, imposes no additional regulatory burden and offers continuous trading from 09:45 to 23:00 (Israeli time), for companies listed in the USA.  There are currently 43 companies dually-listed on TASE, as well as 8 companies which are cross-listed on other foreign securities exchanges. For more information about Dual Listing on TASE.

Globalization 

Israel is classified as a "developed market" by MSCI, FTSE and S&P and is included in the following international indices: MSCI World, MSCI KOKUSAI, MSCI Europe & Middle East, MSCI EAFE, MSCI EASE, the FTSE All World, FTSE Med-100 indices, and S&P Developed BMI.
Trading on TASE is conducted through its members, which include Israeli and international banks and investment houses.

For further information, you are welcome to visit our website at: http://www.tase.co.il  or contact the TASE Marketing and Communications Unit at +(972)76-8160405/6


SOURCE Tel Aviv Stock Exchange Ltd




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