Tel Aviv Stock Exchange Weekly Review 9-13 February 2014

TEL AVIV, Israel, February 13, 2014 /PRNewswire/ --

Trading on the Tel Aviv Stock Exchange (TASE) during the second week of February was marked by increases in most leading indices. Companies continue to raise capital through debt and share offerings

TA-25

The TA-25 index increased 0.1% over the week, bringing year-to-date decrease to 1.5%.

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

TA-100

The TA-100 index increased 0.2% over the week, bringing year-to-date increase to 0.1%.

TA-Biomed

The TA-Biomed index increased 2.7% over the week, bringing year-to-date increase to 11.4%.

Share Offerings

This week there were two share offerings of US $37 million.

Since the beginning of the year the business sector has raised US $0.8 billion through shares.

Corporate Bonds

This week there were three bonds offering of US $44 million.

Since the beginning of the year the business sector raised US $0.9 billion through bonds.

Government Bonds

This week the Ministry of Finance (MoF) made a public bond offering listed on the TASE amounting to US $0.3 billion.

Since the beginning of the year the MoF raised US $2 billion.

ETN Offerings

Three new ETNs were issued this week which were currency-neutral complex certificates on foreign share indices. Currently there are 541 ETNs traded on the TASE.

Foreign Investors

The Bank of Israel released figures this week indicating that foreign investors acquired a net US $45 million in TASE-listed shares in December, bringing the total for 2013 to US $1.5 billion.

In addition, foreign investors liquidated US $230 million Israel government bonds listed on the TASE in December. During 2013 investors liquidated a net US $2.1 billion in government bond holdings (including US $1.5 billion of government bonds reaching maturity) as well as US $310 million (net) MAKAM T-bills.

Sector Indices

                     WEEK  2014
    TA Bluetech-50   1.7%   3.8%
    TA Banks         1.8%  -4.9%
    TA Real
    Estate-15       -0.4%  -2.2%


Foreign Exchange

               WEEK   2014
    Dollar/NIS -0.6%  1.2%
    Euro/NIS    0.2%  0.4%



Facts & Figures

The Tel-Aviv Stock Exchange features in January 2014:

  • 495 companies listing equities.
  • 537 Exchange Traded Notes.
  • 34 series of government bonds.
  • 71 Series of Institutional bonds.
  • 606 series of corporate bonds.
  • 1,271 mutual funds.
  • Market Cap. (US$ billions)
    • Equities - 204
    • Government bonds - 137
    • Corporate bonds - 88

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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