Tel Aviv Stock Exchange Corporate Fact Sheet June 2015

Jul 06, 2015, 03:05 ET from Tel Aviv Stock Exchange (TASE)

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

Fast Facts 

  • Market capitalization (Excluding ETNs): 
    • Equities:  US$224 billion;  
    • Bonds:  US$214 billion 
  • Daily Turnover Y-T-D: 
  • Equities (Including ETNs): US$366 million; 
  • Government Bonds: US$894 million 
  • Corporate Bonds(Including ETNs): US$316 million 
  • Treasury Bills: US$137 million 
  • TA-25 Index Options: 213 thousands of contracts 
  • 467 equity companies  
  • 51 companies cross-listed abroad 
  • 630 Exchange Traded Notes (ETN's) 
  • 31 series of government bonds 
  • 593 series of corporate bonds 
  • 69 series of Institutional bonds 
  • 1,366 mutual funds 

For TASE Monthly Main Indicators 

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

Israel Key Macroeconomic indicators 

  • GDP per capita:
    2013 - US$ 36,200; 2014 US$ 37,100
  • GDP growth:
    2014 - 2.8%, 2015 Est.  - 3.1%
  • Inflation:
    2014 - (0.2%); Jan-May 2015 - (0.5%)
  • Bank of Israel interest rate:
    July 2015 - 0.1%
  • Surplus in balance of payments
  • Budget deficit:
    2014: 2.8% of GDP, 2015 (Est.) 2.5%

Tel Aviv Stock Exchange 

Established in September 1953, the Tel Aviv Stock Exchange (TASE) is an efficient one-stop shop for the securities industry, hosting an increasingly sophisticated range of products available to investors, including shares, corporate bonds, treasury bills and bonds, index-tracking products and derivatives. TASE is a fully-automated exchange with a central order book trading system, providing clearing, settlement and depository services.

News 

Semi-annual Update of the Israeli High-Tech Companies Index - TA-BIGITech 

BlueStar announced the semi-annual update of the TA-BIGITechTM Index, which includes the Israeli or Israeli-linked high-tech companies traded in Tel Aviv and/or abroad.

As recalled, in March 2015, the Tel Aviv Stock Exchange signed a cooperation agreement with BlueStar Indexes - a New York based investment research company engaged in the development of global indices, and this is the first index to include Israeli high-tech companies that are traded on several markets

For more information

TASE Signed a Franchise for the Distribution of Cap.TAble - Capital Management System to High-Tech and Private Growth Companies 

The Cap.TAble system is the first tier in the establishment of a long-term relationship with private companies and support of their growth. This is the first step in the execution of the TASE's strategic plan, which was presented in the beginning of the year and includes, among other things, the encouragement of small and medium-sized companies to list and trade in Israel.

For more information

For the First Time the TASE and the ISA Allow Gas and Oil Exploration Limited Partnerships to also Invest in Projects Abroad 

A joint initiative of the Tel Aviv Stock Exchange (TASE) and the Israel Securities Authority (ISA) will allow gas and oil exploration limited partnerships, for the first time, to raise capital for gas and oil exploration projects located abroad. This change will apply to both partnerships already listed on the TASE and new partnerships.

The ability to invest in projects abroad will enable gas and oil partnerships to take advantage of the vast experience and knowledge gained by the general partner over the years of operation. In addition, it will enable such partnerships to spread the risks in a sector characterized by an extremely high level of uncertainty. Investors will be able to diversify their investments in the sector and invest in assets located overseas. Furthermore, partnerships operating several projects will benefit from the distribution of fixed current costs.

For more information

Membership 

The TASE is owned by its members, which comprise the Bank of Israel (Israel's central bank), 15 banks and 11 investment houses. The banks are supervised by the Bank of Israel and the investment houses by the TASE. The TASE permits international banks and investment houses that have no permanent representation in Israel to become 'remote members'. For the TASE Members' list.

Dual Listing 

Companies traded in the USA and on the London Stock Exchange (Main Market) can dual-list their shares on the TASE.  Dual-listing, which does not entail significant costs, imposes no additional regulatory burden and offers continuous trading from 09:45 to 23:00 (Israeli time), for companies listed in the USA.  There are currently 46 companies dually-listed on TASE, as well as 5 companies which are cross-listed on other foreign securities exchanges. For more information about Dual Listing on TASE.

Globalization 

Israel is classified as a "developed market" by MSCI, FTSE and S&P and is included in the following international indices: MSCI World, MSCI KOKUSAI, MSCI Europe & Middle East, MSCI EAFE, MSCI EASE, the FTSE All World, FTSE Med-100 indices, and S&P Developed BMI.

Trading on TASE is conducted through its members, which include Israeli and international banks and investment houses.

For further information, you are welcome to visit our website at: 

http://www.tase.co.il or contact the TASE Marketing and Communications Unit at +(972)-76-8160405/6

SOURCE Tel Aviv Stock Exchange (TASE)