Tel Aviv Stock Exchange Corporate Fact Sheet July 2015

Aug 05, 2015, 10:06 ET from Tel Aviv Stock Exchange (TASE)

TEL AVIV, Israel, August 5, 2015 /PRNewswire/ --

Fast Facts 

  • Market capitalization (Excluding ETNs):
  • Equities:US$238 billion;
  • Bonds:US$216 billion

  • Daily Turnover Y-T-D :
  • Equities (Including ETNs):
    US$360 million;
  • Government Bonds:US$881 million
  • Corporate Bonds(Including ETNs): US$301 million
  • Treasury Bills: US$133 million
  • TA-25 Index Options:

     210 thousand of contracts

  • 465 equity companies
  • 51 companies cross-listed abroad
  • 633 Exchange Traded Notes (ETN's)
  • 32 series of government bonds
  • 600 series of corporate bonds
  • 67 series of Institutional bonds
  • 1,372 mutual funds1,372 mutual

For TASE Monthly Main Indicators 

Israel Key Macroeconomic indicators 

  • GDP per capita:
    2013 - US$ 36,200; 2014  - US$ 37,100
  • GDP growth:
    2014 - 2.8%, 2015 Est. - 3.1%
  • Inflation:
    2014 - (0.2%), Jan-Jun. 2015- (0.2%)
  • Bank of Israel interest rate:
    Aug. 2015 - 0.1%
  • Surplus in balance of payments
  • Budget deficit:
    2014: 2.8% of GDP, 2015 (Est.) 2.5%

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.

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News 

TASE IR Desk Program for Listed Mid-Cap Companies    

The TASE is announcing a new program, the TASE IR Desk, intended to encourage mid-cap companies to enhance their IR activities. This first-time program is in line with the global trend of offering and supporting such activities in listed companies.

Mid-cap companies require wide exposure as well as enhanced dialogue with their existing and potential investors, yet their ability to manage IR activities is usually limited. The program is offered to companies listed on the TA-MidCap Index and includes:

  • A yearly allowance of up to 15,000 NIS for IR services provided by an external agency/provider.
  • Use of TASE's Conference Center for investors/analysts conferences, once a year, free of charge.

In addition to the program, free access will be enabled from TASE's website to "STOCKER" - an online institutional investors' targeting database. With "STOCKER", companies can oversee their data as well as 4 more comparable companies.

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 46 companies dually-listed on TASE, as well as 5 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 (TASE)