Tel Aviv Stock Exchange Trading Summary: January 03-07, 2016

Trading on the Tel Aviv Stock Exchange in the first trading week of 2016 was ended down in most of the major share indices; TA-Biomed index decreased 10%

Jan 07, 2016, 11:42 ET from Tel Aviv Stock Exchange (TASE)

TEL AVIV, Israel, January 7, 2016 /PRNewswire/ --

TA-25 index 

The TA-25 index decreased 2.3% over the last week after an increase of 4% for the whole of 2015.

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TA-100 index 

The TA-100 index decreased 2.3%over the last week, after an increase of 2% for the whole of 2015.

TA Real Estate-15 

The TA Real Estate-15 index increased this week by 1.5%, after an increase of 1% in 2015.

TA-Biomed  

The TA-Biomed index decreased this week by 10.1%, after a decrease of 24% in 2015.

Share Offerings 

This week there were two offerings of shares to the public and one rights issue amounting to US$ 68 million. Most of the amount, US$ 66.5 million, was raised by the real estate company "Airport City", through rights.

It should be noted that in 2015, the business sector raised US$ 1.4 billion through shares on the TASE. About half of the amount was raised by real estate companies.

Corporate Bonds  

This week there was one bond offering to the public amounting to US$ 1.3 million.

It should be noted that in 2015, the business sector raised US$ 14.1 billion on the TASE through bonds to the public, and a further US$ 0.6 billion was raised through bonds to institutional investors.

Government Bonds (gross) 

The Ministry of Finance (MoF) made one bond offering this week on the Tel-Aviv Stock Exchange, amounting to US$ 0.2 billion.

It should be noted that in 2015, the MoF raised a total of US$ 10 billion in bond offerings on the TASE.

Foreign Investors  

The Bank of Israel released figures this week indicating that in November foreign investors acquired a net US$ 61 million in shares listed on the TASE, with net acquisitions totaling US $1.6 billion since the beginning of 2015.

In addition, in November, foreign investors acquired US$ 140 million in government bonds, with net acquisitions of bonds totaling US$ 740 million since the beginning of 2015.

Foreign investors disposed of US$ 270 million in Israeli T-bills in November, with net disposals totaling US$ 1,030 million since the beginning of 2015.

Growth Rate for 2015 - CBS 

The Central Bureau of Statistics released a preliminary estimate for the whole of 2015, according to which GDP increased by 2.3% in 2015, after an increase of 2.6% in 2014 and 3.3% in 2013.

Sector Indices


   
                      WEEK  2016
    TA Tech-Elite    -6.2%  -6.2%
    TA Banks         -1.9%  -1.9%
    TA Real
    Estate-15         1.5%   1.5%

Foreign Exchange


   
                WEEK   2016
    Dollar/NIS  0.9%   0.9%
    Euro/NIS    0.6%   0.6%


Facts & Figures 

The Tel-Aviv Stock Exchange features in December 2015:

  • 461 companies listing equities.
  • 638 Exchange Traded Notes.
  • 32 series of government bonds.
  • 61 Series of Institutional bonds.
  • 599 series of corporate bonds.
  • 1,410 mutual funds.
  • Market Cap. (US$ billions)
    • Equities - 244
    • Government bonds - 129
    • Corporate bonds - 82

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.

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

For more information please contact: 

Orna Goren, TASE, +972-(076)-8160405/6

SOURCE Tel Aviv Stock Exchange (TASE)