Tel Aviv Stock Exchange Weekly Review: 15-19 February 2015

TEL AVIV, Israel, February 19, 2015 /PRNewswire/ --

Trading on the Tel Aviv Stock Exchange (TASE) during the third week of February ended up for all leading TASE indices; The largest rises were in oil and gas shares of 10%; 

15 new ETNs were issued - of which the first 4 ETNs on the Tel Bond - Floating Index 

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TA-25 

The TA-25 index increased 2.3% over the week and increased 1.4% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

TA-100  

The TA-100 index increased 2.3% over the week and increased 1.7% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA Oil & Gaz 

The TA Oil & Gaz index increased 10.1% over the week and increased 6.1% since the beginning of the year, after a decreased of 20% for the whole of 2014.

ETN Offerings 

This week first 4 ETNs were issued on the Tel Bond - Floating Index launched in November 2014. In addition, 6 new ETNs were issued on domestic bond indices and 5 ETNs on international indices.

Currently there are 610 ETNs traded on the TASE.

Share Offerings 

This week there was one rights offering amounting to US $6 million.

Since the beginning of the year, the business sector raised US $300 million in the share market on the TASE.

In 2014 the business sector raised US $2.1 billion through shares on the TASE.

Corporate Bonds 

This week there was a bond offering by the business sector amounting to US $50 million.

Since the beginning of the year, the business sector raised US $2.3 billion through bond offerings.

In 2014 the business sector raised US $16.1 billion through bond offerings on the TASE.

Government Bonds 

The Ministry of Finance (MoF) made a bond offering listed on the Tel-Aviv Stock Exchange this week amounting to US $0.2 billion, and since the beginning of the year the MoF raised US $1.6 billion. In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE.

Economic Growth 

The Central Bureau of Statistics released this week a preliminary estimate for the second half of 2014 according to which GDP increased by 2.6% (on an annual basis), after an increase of 2.7% in the first half of 2014 and 3.4% for the second half of 2013.

In addition, GDP increased in the fourth quarter of 2014 by 7.2% on an annual basis, after an increase of 0.6% in the third quarter and an increase of 2.0% in the second quarter.

Credit Rating  

The S&P rating agency confirmed the credit rating of the State of Israel of "A+", outlook "stable".

CPI Index  

Figures released by the Central Bureau of Statistics indicate that the Consumer Price Index decreased by 0.9% in January 2015, after it remained unchanged in the previous month and decreased by 0.2% in 2014.

Sector Indices

                     
                     WEEK   2015
    TA Tech-Elite    2.5%   8.8%
    TA Banks         5.7%  -0.2%
    TA Real
    Estate-15        0.8%   8.9%

Foreign Exchange

                  
                   WEEK      2015
    Dollar/NIS     -0.1%    -1.2%
    Euro/NIS       -1.5%    -7.5%

Facts & Figures 

The Tel-Aviv Stock Exchange features in January 2015:

• 471 companies listing equities.
• 592 Exchange Traded Notes.
•   29 series of government bonds.
•   75 Series of Institutional bonds.
• 599 series of corporate bonds.
• 1,328 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 197
  • Government bonds - 127
  • Corporate bonds - 79

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)