TEL AVIV, Israel, May 28, 2015 /PRNewswire/ --
The TA-25 index decreased 2.2% over the last week, and increased 14.5% since the beginning of the year, after an increase of 10.2% for the whole of 2014.
The TA-100 index decreased 2.0% over the last week, and increased 12.8% since the beginning of the year, after an increase of 6.7% for the whole of 2014.
This week there was a first IPO on TASE this year, made by the real estate company Oron Group amounting to US$ 18 million.
Since the beginning of the year, the business sector raised a total of US $0.7 billion through Share Offerings.
In 2014, the business sector raised US $2.1 billion through Share offerings on the TASE.
In addition, the hi-tech company Camtek, whose shares are also traded on the NASDAQ, raised this week US$ 12 million in a share offering to the public in the US.
The foreign real estate company Moinian raised US$ 363 million in the largest ever bond issue of a new company in the TASE bond market.
In addition, four companies (including the Oron Group) raised this week US$ 120 million in bond offerings to the public.
Since the beginning of the year, the business sector raised a total of US $5.9 billion through bonds.
In 2014, the business sector raised US $16.1 billion through bond offerings on the TASE.
The Ministry of Finance (MoF) made a bond offering this week listed on the Tel-Aviv Stock Exchange, amounting to US $0.2 billion, and since the beginning of the year the MoF raised US $4.3 billion.
In 2014, the MoF raised US $14.5 billion in bond offerings on the TASE.
BOI Interest Rate
The Bank of Israel left the interest rate unchanged at 0.1% for June 2015.
The Central Bureau of Statistics released figures indicating that the unemployment rate decreased in April 2015 to a historic low of 4.9%, compared with 5.2% in the previous month and an average of 5.9% for 2014.
Composite State-of-the-Economy Index
The Bank of Israel released figures indicating that the Composite State-of-the Economy Index rose 0.2% in April 2015, slightly lower than its rate of increase in recent months and similar to the average rate of growth in the last two years.
WEEK 2015 TA Tech-Elite -0.8% 15.4% TA Banks -1.8% 11.1% TA Real Estate-15 -2.1% 19.6%
WEEK 2015 Dollar/NIS 0.2% -0.2% Euro/NIS -1.9% -10.2%
Facts & Figures
The Tel-Aviv Stock Exchange features in April 2015:
- 470 companies listing equities.
- 625 Exchange Traded Notes.
- 29 Series of government bonds.
- 73 Series of Institutional bonds.
- 596 series of corporate bonds.
- 1,342 mutual funds.
- Market Cap. (US$ billions)
- Equities - 224
- Government bonds - 132
- Corporate bonds - 83
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.
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)