Tel Aviv Stock Exchange Weekly Review 27-31 October 2013 Trading on TASE during the last week of October was marked by mixed trend; Issues on stock and bond markets continued; First ETNs on the Tel Bond-CPI Linked Bank index issued this week

TEL AVIV, Israel, October 31, 2013 /PRNewswire/ --

TA-25

The TA-25 index increased 0.1% over the week, bringing year-to-date increase to 8.7%.

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

TA-100

The TA-100 index decreased 0.3% over the week, bringing year-to-date increase to 10.7%.

TA- Finance

The TA- Finance index increased 2.8% over the week, bringing year-to-date increase to 16.7%.

TA-Technology

The TA- Technology index decreased 4.5% over the week, bringing year-to-date decrease to 1.6%.

Share Offerings

Three high-tech companies led by cleantech company Enlight raised US $ 8 million in public share offerings.

Since the beginning of the year the business sector has raised US $1.4 billion through share offerings, as opposed to US $0.9 billion in 2012.

Corporate Bonds  

Five public corporate bond offerings were completed this week in which a total of US $305 million was raised. These bond offering were made by real estate companies.

Since the beginning of the year the business sector has raised US $8.4 billion through bond offerings, as opposed to $10.3 billion in 2012. Real estate companies stood out, raising 46% of the total.

Government  Bonds

This week the Ministry of Finance (MoF) floated US $0.4 billion government bonds in an offering on the local market.  

Since the beginning of 2013 the MoF raised US $15.6 billion in public bond offerings as opposed to US $21.3 billion in 2012.

ETN Offerings

This week three series of ETNs on Tel Bond-CPI Linked Bank index were issued. These are the first ETNs on the index launched in February 2012.  

BOI Interest Rates      

The Bank of Israel left the November 2013 interest rate unchanged at 1.0%.

Dual Listing

Cleantech company, Ellomay Capital, whose shares are traded on the NYSE-MKT started trading at the beginning of this week in Tel - Aviv as well.

Company shares will be added to the following indices: the TA BlueTech-50, TA-Technology and TA-MidCap-50 in the "fast track" on November 17.

Sector Indices

                     WEEK   YTD
    TA Bluetech-50   -4.6% 3.4%
    TA Banks         2.7%  12.3%
    TA Real
    Estate-15        1.0%  22.2%


Foreign Exchange

               WEEK   YTD
    Dollar/NIS -0.2% -5.7%
    Euro/NIS   -1.4% -2.4%



Facts & Figures

The Tel-Aviv Stock Exchange features in September 2013:

  • 514 companies listing equities (Ex. ETNs).
  • 476 index-tracking products.
  • 33 series of government bonds.
  • 74 Series of Institutional bonds.
  • 615 series of corporate bonds.
  • 1,242 mutual funds.
  • Market Cap. (US$ billions)
    • Equities - 184
    • Government bonds - 134
    • Corporate bonds - 89

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(3)5677-405/6

Visit the Tel Aviv Stock Exchange's

Website: http://www.tase.co.il

 

SOURCE Tel Aviv Stock Exchange Ltd




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