Tel Aviv Stock Exchange Trading Summary: December 13-17, 2015

Dec 17, 2015, 13:07 ET from Tel Aviv Stock Exchange (TASE)

TEL AVIV, Israel, December 17, 2015 /PRNewswire/ --

Trading on the Tel Aviv Stock Exchange in the third trading week of December was marked by declines in prices in most leading share indices; "SodaStream" made a dual listing on the  Tel Aviv Stock Exchange; 

Huge volume in shares ahead of the semi-annual update of the indices; 

The shares of the pharmaceutical giant "Mylan", which are traded on both the TASE and on the NASDAQ, were included in the TA-25 index; 

Further offerings in shares and bond markets 

TA-25 index 

The TA-25 index decreased over the last week   0.9% and increased 3.7% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

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TA-100 index 

The TA-100 index decreased over the last week 0.7% and increased 1.7% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA-Technology  

The TA-Technology index increased this week by 1.7%. Since the beginning of the year the index increased by 8.9%, after an increase of 0.9% in 2014.

CPI Index  

Figures released by the Central Bureau of Statistics indicate that the Consumer Price Index decreased by 0.4% in November, and has fallen by 0.9% since the beginning of the year, after decreasing by 0.2% for the whole of 2014.

Share Offerings 

This week there were two offerings to the public amounting to US$ 40 million. Most of the amount, US$ 39 million, was raised by the "Hadera Paper" company.

Since the beginning of the year, the business sector has raised US$ 1.2 billion through shares on the TASE.

Corporate Bonds  

This week there was one bond offering to the public on the TASE by "Gold Bond" amounting to US$ 26 million.

Since the beginning of the year, the business sector raised US$ 14.5 billion through bonds on the TASE.

Government Bonds 

The Ministry of Finance (MoF) made a bond offering this week listed on the TASE, amounting to US$ 0.2 billion.

Since the beginning of the year, the MoF raised a total of US$ 9.8 billion in bond offerings on the TASE.

Dual Listing - "SodaStream" 

SodaStream - which is engaged in manufacturing and distribution of household sparkling water systems, whose shares are traded on the NASDAQ (symbol: SODA), made a dual listing and began to be traded on the TASE on December 15.

The company's shares will be included in the TA-100 and TA-75 indices at the beginning of January 2016, under the "fast track" arrangement.

Currently there are 59 dual-listed companies traded on the TASE and in the US or in Europe.

Huge trading volume in shares  

On Monday this week, ahead of the semi-annual update of the indices, the trading volume in shares on the TASE amounted to US$ 1.4 billion-the highest since May 2010.

Change in Composition of Indices - Shares of "Mylan" included in TA-25 index  

The shares of the Dutch pharmaceutical giant "Mylan" were included in the TA-25 index on the date of the semi-annual update of the index on Tuesday, December 15, 2015, with its weighting in the index limited to 4%.

Following the said update, there are 26 shares in the index.

Sector Indices


   
                     WEEK  2015
    TA Tech-Elite    0.5%  1.5%
    TA Banks         -0.9% 6.7%
    TA Real
    Estate-15        -2.6% 1.5%

Foreign Exchange


   
                WEEK    2015
    Dollar/NIS  0.9%    0.2%
    Euro/NIS    -0.1%  -10.6%


Facts & Figures 

The Tel-Aviv Stock Exchange features in November 2015:

  • 461 companies listing equities.
  • 640 Exchange Traded Notes.
  • 33 series of government bonds.
  • 63 Series of Institutional bonds.
  • 604 series of corporate bonds.
  • 1,370 mutual funds.
  • Market Cap. (US$ billions)
    • Equities - 237
    • Government bonds - 130
    • Corporate bonds - 84

About TASE  

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 products and derivatives.

International  

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 Exchange.

For more information please contact: 

Idit Yaaron or Orna Goren, TASE, +972(076)8160405/6

Visit the Tel Aviv Stock Exchange's Website: http://www.tase.co.il

 

SOURCE Tel Aviv Stock Exchange (TASE)