Tel Aviv Stock Exchange Weekly Review: 16-20 August 2015

Trading on the Tel-Aviv Stock Exchange (TASE) on the third week of August was ended down in most of the leading share indices;Further public offerings in the share and bond markets

Aug 20, 2015, 11:49 ET from Tel-Aviv Stock Exchange (TASE)

TEL AVIV, Israel, August 20, 2015 /PRNewswire/ --

TA-25 index 

The TA-25 index decreased 1.0% over the last week, and increased 15.7% 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 0.8% over the last week, and increased 14.6% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA MidCap-50 index 

The TA MidCap-50 index

increased 1.2% over the last week, and increased 24.3% since the beginning of the year, after a decrease of 11.5% for the whole of 2014

Share Offerings 

This week there were two offerings of shares to the public on the TASE amounting to US$ 15 million, most of the amount raised by the real estate company Mega Or.

The dual- listed company Cyren, raised US$13 million in a share offering to the public on the US.

Since the beginning of the year, the business sector raised US$ 0.9 billion in shares on the TASE.  

Corporate Bonds 

This week there were two bond offerings to the public by the business sector:

Oil Refineries raised US$ 121 million, and Meitav Dash Investments raised US$37 million

Since the beginning of the year the business sector raised US$ 10.4 billion through bonds on 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$ 6.9 billion in bond offerings on the TASE.

Economic Growth 

The Central Bureau of Statistics released figures indicating that ISREALs GDP increased in the second quarter of 2015 by 0.3% (in annual terms), after an increase of 2% in the first quarter of the year and 6.2% in the last quarter of 2014.

In addition, GDP increased in the first half of 2015 by 2.6% (in annual terms), after an increase of 2.5% in the previous half-year and an increase of 2.4% in the first half of last year.

CPI Index 

Figures released by the Central Bureau of Statistics indicate that the Consumer Price Index increased by 0.3% in July. Since the beginning of the year, the index remained unchanged, after decreasing by 0.2% for the whole of 2014.

Composite State-of-the-Economy Index 

The Bank of Israel released figures indicating that the Composite State-of-the Economy Index rose 0.3% in July, similar to its rate of growth in recent months.

Sector Indices


   
                      WEEK

                             2015
    TA Tech-Elite     -0.5%   10.6%
    TA Banks          -2.5%   17.3%
    TA Real
    Estate-15         -1.3%   16.7%

Foreign Exchange


   
               WEEK

                      2015
    Dollar/NIS  2.5%  -0.2%
    Euro/NIS    3.0%  -8.1%


Facts & Figures 

The Tel-Aviv Stock Exchange features in July 2015:

  • 469 companies listing equities.
  • 629 Exchange Traded Notes.
  • 31 series of government bonds.
  • 72 Series of Institutional bonds.
  • 590 series of corporate bonds.
  • 1,352 mutual funds.
  • Market Cap. (US$ billions)
    • Equities - 226
    • Government bonds - 130
    • Corporate bonds - 83

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)