Tel Aviv Stock Exchange Weekly Review: August 30 - September 3, 2015
TEL AVIV, Israel, September 3, 2015 /PRNewswire/ --
Trading on the Tel-Aviv Stock Exchange (TASE) on the last trading week was marked by a mixed trend in the leading share indices;
The TA- Oil & Gas index fell by 8% after the discovery of gas reserves in Egypt;
The US biomed company "Navidea" whose shares are traded on the NYSE Market, listed its shares for trading on the TASE;
Continued public offerings in the bond market
(Logo: http://photos.prnewswire.com/prnh/20130117/588933 )
TA-25 index
The TA-25 index increased 0.6% over the last week, and increased 9.6% 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 0.2% over the last week, and increased 8.7% since the beginning of the year, after an increase of 6.7% for the whole of 2014.
TA-Oil & Gas
The TA-Oil & Gas index decreased this week by 7.7%, following the discovery of gas reserves in Egypt.
Since the beginning of the year, the index increased by 0.1%, after a decline of 20.1% in 2014.
Corporate Bonds
This week there were two bond offerings to the public by the business sector:
The real estate company Airport City raised US$ 115 million, and the insurance company Harel raised US$ 65 million.
Since the beginning of the year the business sector raised US$ 10.8 billion through bonds on TASE.
Government Bonds
The Ministry of Finance (MoF) did not make a bond offering this week on TASE.
Since the beginning of the year, the MoF raised a total of US$ 6.9 billion in bond offerings on the TASE.
Dual Listing
The US biomed company Navidea whose shares are traded on the NYSE Market (symbol: NAVB) made a dual listing on the Tel-Aviv Stock Exchange on September 8th.
The company's shares are expected to be included in the TA-100, TA Tech-Elite, and TA-Blutech indices.
Currently there are 53 companies traded on the TASE whose shares are traded also in the US or in Europe.
Sector Indices
WEEK 2015 TA Tech-Elite 1.2% 6.4% TA Banks 1.7% 12.2% TA Real Estate-15 -1.5% 10.9%
Foreign Exchange
WEEK 2015 Dollar/NIS 0.3% 1.2% Euro/NIS -0.3% -6.5%
Facts & Figures
The Tel-Aviv Stock Exchange features in August 2015:
- 463 companies listing equities.
- 637 Exchange Traded Notes.
- 32 series of government bonds.
- 67 Series of Institutional bonds.
- 598 series of corporate bonds.
- 1,370 mutual funds.
- Market Cap. (US$ billions)
- Equities - 218
- Government bonds - 127
Corporate bonds - 82
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)
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article