Tel Aviv Stock Exchange Weekly Review: 13-17 July 2014

TEL AVIV, Israel, July 17, 2014 /PRNewswire/ --

Trading on the Tel Aviv Stock Exchange (TASE) during the third week of July was ended up for all leading share indices 

Continued offerings in share and bond markets 

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

TA-25  

The TA-25 index increased 2.2% over the week, bringing year-to-date increase to 5.4%.

TA-100  

The TA-100 index increased 2.2% over the week, bringing year-to-date increase to 4.5%.

TA-Oil & Gas 

The TA-Oil&Gas increased 4.5% over the week, bringing year-to-date increase to 10.9%.

Share Offerings 

This week there was one share offering by a real estate company amounting to US $34 million.

Since the beginning of 2014 the business sector raised US $1.5 billion through share offerings on the TASE, after raising US $1.7 billion for the whole of 2013.

Corporate Bonds 

Three companies, including two real estate companies, made bond offerings this week amounting to US $255 million.

Since the beginning of the year the business sector raised US $8.8 billion through bond offerings, of which US $3.3 billion on the "TACT Institutional" system, after raising US $10.1 billion for the whole of 2013.

Government Bonds 

The Ministry of Finance (MoF) made a public bond offering listed on the TASE amounting to US $0.4 billion.

Since the beginning of the year the MoF raised US $9.0 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.

CPI Index 

Figures released by the Central Bureau of Statistics indicate that in June 2014 the Consumer Price Index increased 0.3%, ending the first half of 2014 without change, following an increase of 1.8% for the whole of 2013.

Growth Rate 

The Central Bureau of Statistics released figures indicating that the GDP grew 2.9% in the first quarter of 2014 on an annual basis, compared with a previous estimate of 2.7%. This follows an increase of 3.3% and 2.0% in the fourth and third quarter of 2013, respectively.

Sector Indices

                     Week 2014
    TA Bluetech-50   2.0% -6.4%
    TA Banks         1.9% -1.4%
    TA Real
    Estate-15        0.3% 2.2%

Foreign Exchange

               WEEK   2014
    Dollar/NIS -0.5% -1.8%
    Euro/NIS   -1.1% -3.5%

Facts & Figures 

The Tel-Aviv Stock Exchange features in June 2014:

• 485 companies listing equities.
• 579 Exchange Traded Notes.
• 33 series of government bonds.
• 76 Series of Institutional bonds.
• 596 series of corporate bonds.
• 1,289 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 218
  • Government bonds - 144
  • Corporate bonds - 92

AboutTASE 

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: 

Idit Yaaron or Orna Goren, TASE, +972(3)5677-405/6

SOURCE Tel Aviv Stock Exchange Ltd