Tel Aviv Stock Exchange Weekly Review: 28 July - 1 August 2013

TEL AVIV, Israel, August 1, 2013 /PRNewswire/ --

Trading on the Tel-Aviv Stock Exchange (TASE) during the last week of July was marked by mixed trand in all equity indices; Somoto completed TASE IPO

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

TA-25

The TA-25 index decreased 1.7% over the week, bringing year-to-date increase to 1.9%.

TA-100

The TA-100 index decreased 1.1% over the week, bringing year-to-date increase to 4.7%.

TA- Com

The TA-Com index stood out and increased 6.3% over the week and bringing returns since the beginning of 2013 to 34%.

Share Offerings

Internet company, Somoto, completed an IPO on TASE this week, raising US $6 million.

Since the beginning of the year the business sector has raised US $1.1 billion through share offerings, as opposed to US $0.9 billion in 2012.

Corporate Bonds  

Two real estate companies raised US $60 million in public bond offerings this week.

Since the beginning of the year the business sector has raised US $5.9 billion through bond offerings. Real estate companies stood out, raising 43% 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 $11.2 billion in public bond offerings as opposed to US $21.3 billion in 2012.

BOI Interest Rates

The Bank of Israel left the August 2013 interest rate unchanged at 1.25%, three months in a row

Employment

Figures released by the Central Bureau of Statistics indicate that the rate of unemployment in June remained unchanged for the third straight month at 6.9, as opposed to 6.6% in the first quarter of the year.

Sector Indices

                     WEEK  YTD
    TA Bluetech-50   2.4% 1.3%
    TA Banks         0.6% 1.3%
    TA Real
    Estate-15        2.3% 19.4%

Foreign Exchange

               WEEK   YTD
    Dollar/NIS -0.5% -4.7%
    Euro/NIS   -0.9% -4.2%

Facts & Figures

The Tel-Aviv Stock Exchange features in June 2013:

• 521 companies listing equities (Ex. ETNs).
• 462 index-tracking products.
• 34 series of government bonds.
• 79 Series of Institutional bonds.
• 639 series of corporate bonds.
• 1,252 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 172
  • Government bonds - 129
    Corporate bonds - 103

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