TEL AVIV, Israel, May 30, 2013 /PRNewswire/ --
The TA-25 index increased 1.4% over the week, bringing year-to-date increase to 3.9%.
The TA-100 index increased 1.5% over the week, bringing year-to-date increase to 5.6%.
Index stood out and increased 5.5% over the week, bringing year-to-date increase to 17.9%.
This week the Ministry of Finance (MoF) floated US $0.3 billion government bonds in an offering on the local market. From the beginning of 2013 the MoF raised US $7.9 billion in public bond offerings.
Four companies raised US $0.3 billion in public bond offerings this week. Since the beginning of the year the business sector raised US $4.6 billion through bond offerings. Real Estate companies stood out, raising 39% of the total.
BOI Interest Rate
The Bank of Israel lowered the interest rate, for the second time this month by 0.25% to 1.25%, starting June 2013.
Composite State-of-the-Economy Index
Figures released by the Bank of Israel indicate an increase of 0.2% in Composite State-of-the-Economy Index in April 2013. The pace of economic expansion in April, as reflected by this index, is higher than that for the first quarter of 2013.
WEEK YTD 2013 TA Bluetech-50 1.9% 0.3% TA Banks 2.4% 3.7% TA Real Estate-15 3.3% 17.7%
WEEK YTD 2013 Dollar/NIS -0.4% -1.4% Euro/NIS 0.4% -2.8%
Facts & Figures
The Tel-Aviv Stock Exchange features in April 2013:
- 525 companies listing equities (Ex. ETNs).
- 448 index-tracking products.
- 34 series of government bonds.
- 84 Series of Institutional bonds.
- 645 series of corporate bonds.
- 1,285 mutual funds.
- Market Cap. (US$ billions)
- Equities - 174
- Government bonds - 130
Corporate bonds - 104
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(3)5677-405/6
Visit the Tel Aviv Stock Exchange's Website: http://www.tase.co.il
SOURCE Tel-Aviv Stock Exchange (TASE)