Tel Aviv Stock Exchange Corporate Fact Sheet of August 2013

TEL AVIV, Israel, September 3, 2013 /PRNewswire/ --

Fast Facts

Market capitalization (Excluding ETNs):

  • Equities:US$175 billion;
  • Bonds:US$217 billion

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


Daily Turnover (Including off-the-floor transactions):

  • Equities (Including ETNs): US$304 million;
  • Government Bonds:US$962 million
  • Corporate Bonds(Including ETNs): US$278 million
  • Treasury Bills: US$176 million
  • TA-25 Index Options:  
    • 185 thousands of contracts

* 519 equity companies

* 51 companies cross-listed abroad

 490 index-tracking products (ETN's)

 34 series of government bonds

* 613 series of corporate bonds

* 75 series of Institutional bonds

* 1,245 mutual funds


For TASE Monthly Main Indicators


Israel Key Macroeconomic indicators

  • GDP per capita:
    2012 - US $ 30,476, Q2 2013 - US$ 32,700
  • GDP growth:
    2012- 3.2%, Q2 2013 - 5.1%
  • Inflation:
    2012 - 1.6%, Jan-July.2013 - 1.6%
  • Bank of Israel interest rate:
    August 2013 -1.25%
  • Surplus in balance of payments
  • Budget deficit:
    2012: 3.8% of GDP, 2013 (Est.) - 3.5%

News

OPKO Health (NYSE: OPK), a multi-national biopharmaceutical and diagnostics company, dual listed on TASE on August 21, 2013; under the ticker symbol [OPK]. Opko's shares will be included in the TA-25 & TA Bluetech-50 Indices on October 6, 2013. Opko completed lately the acquisition of PROLOR Biotech, a biopharmaceutical company based in Israel.

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.

Mission Statement

TASE will promote Israel's capital market and its listed companies in Israel and abroad, through the provision of the most highly advanced infrastructure for securities trading and clearing, adhering to the highest standards of excellence and guided by principles of market integrity; and will endeavor to position itself and Israel as an international financial center for the listing and trading of technology companies

Membership

The TASE is owned by its members, which comprise the Bank of Israel (Israel's central bank), 16 banks and 13 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 44 companies dually-listed on TASE, as well as 6 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)3-5677405/6

SOURCE Tel Aviv Stock Exchange Ltd




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