Tel Aviv Stock Exchange Weekly Review: Aug 02-06, 2015

Aug 06, 2015, 13:28 ET from Tel Aviv Stock Exchange (TASE)

TEL AVIV, Israel, August 6, 2015 /PRNewswire/ --

Trading on the Tel-Aviv Stock Exchange (TASE) on the first week of August, was ended up in most of the leading share indices; 

The real estate company "Vitania" made an IPO of shares; 

Further offerings in the bond market 

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

TA-25 index 

The TA-25 index increased 0.2% over the last week, and increased 17.2% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

TA-100 index 

The TA-100 index increased 0.3% over the last week, and increased 15.1% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA-BIOMED 

The TA-BIOMED index decreased 4.3% this week. Since the beginning of the year the index decreased by 4.6%, after a decrease of 33.9% in 2014.

ETN Offerings  

This week 2 ETNs were issued on share indices overseas. Currently there are 635 ETNs traded on the TASE.

Share Offerings 

The real estate company Vitania whose bonds are already traded on the TASE, made an IPO of shares and raised US$ 21 million.

The biomed company Insuline issued shares to the public amounting to US$ 1.2 million.

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

Corporate Bonds  

This week there were two bond offerings to the public by the business sector amounting to US$ 134 million. Most of the amount, US$ 101 million was raise by Shapir Engineering.

Since the beginning of the year the business sector raised US$ 10.2 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$ 6.4 billion in bond offerings on TASE.

Dual Listed Company 

The biomed company Intec Pharma completed a share offering in the US, amounting to US$ 30 million, and listed them on NASDAQ.

Currently 52 companies are dual listed on TASE and on US or Europe.

Foreign Investors 

 The Bank of Israel released figures this week indicating that foreign investors acquired a net US $330 million in TASE listed shares in June, with net acquisitions totaling US $1 billion in the first half of 2015.

In addition, in June, foreign investors acquired a net US $60 million in government bonds, with net acquisitions totaling US $430 million in the first half of 2015.

Foreign investors made disposals of US$ 230 million in Israeli T-bills in June, with net disposals totaling US $510 million in the first half of 2015.

Sector Indices


   
                     WEEK  2015
    TA Tech-Elite    1.2%  12.0%
    TA Banks         1.7%  20.7%
    TA Real
    Estate-15        1.4%  15.9%

Foreign Exchange


   
                WEEK    2015
    Dollar/NIS  0.8%   -2.0%
    Euro/NIS    0.5%   -12.0%


Facts & Figures 

The Tel-Aviv Stock Exchange features in July 2015:

  • 465 companies listing equities.
  • 633 Exchange Traded Notes.
  • 32 Series of government bonds.
  • 67 Series of Institutional bonds.
  • 600 series of corporate bonds.
  • 1,372 mutual funds.
  • Market Cap. (US$ billions)
    • Equities - 238
    • Government bonds - 131
    • Corporate bonds - 85

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)