Tel Aviv Stock Exchange Bi Weekly Review: 14-25 April 2013

TEL AVIV, Israel, April 25, 2013 /PRNewswire/ --

Trading on the Tel-Aviv Stock Exchange (TASE) during the last two weeks was marked by declines in most leading TASE indices.

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TA-25

The TA-25 index decreased 2.0% over the last two weeks, bringing year-to-date increase to 1.6%.

TA-100

The TA-100 index decreased 1.6% over the last two weeks, bringing year-to-date increase to 2.8%.

ETNs

Three new ETNs on international stock indices were issued this week.

Total of 448 ETNs are traded on TASE.

Government Bonds

This week the Ministry of Finance (MoF) floated US $0.5 billion government bonds in an offering on the local market.  From the beginning of the year the MoF raised US $5.9 billion in public bond offerings.

Corporate Bonds

Three companies raised US $140 million in public bond offerings last two weeks.

Since the beginning of the year the business sector raised US $3.1 billion through bond offerings. Real estate companies stood out, raising 40% of the total.

Consumer Price Index

Figures released by the Central Bureau of Statistics indicate that the CPI index for March 2013 increased 0.2%, following a 0.2% decline in the previous two month and a total increase of only 1.6% for the entire 2012 year.

Composite State-of-the-Economy Index

Figures released by the Bank of Israel indicate an increase of 0.1% in Composite State-of-the-Economy Index in March 2013. The pace of economic expansion in March was lower than the first two month of the year.

Sector Indices

                     WEEK  YTD 2013
    TA Bluetech-50   -0.9%  -3.3%
    TA Banks         -2.5%  -1.0%
    TA Real
    Estate-15         0.4%   8.9%

Foreign Exchange

                      YTD

               WEEK   2013
    Dollar/NIS -0.6% -3.4%
    Euro/NIS   -0.6% -4.2%

Facts & Figures

The Tel-Aviv Stock Exchange features in March 2013:

• 528 companies listing equities (Ex. ETNs).
• 445 index-tracking products.
• 34 series of government bonds.
• 87 Series of Institutional bonds.
• 649 series of corporate bonds.
• 1,299 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 175
  • Government bonds - 126

Corporate bonds - 101

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