Tel Aviv Stock Exchange Weekly Review: 3-7 August 2014
Trading on the Tel Aviv Stock Exchange (TASE) during the first week of August ended down for most leading share indices; Continued offerings in share and bond markets
TEL AVIV, Israel, August 7, 2014 /PRNewswire/ --
TA-25
The TA-25 index decreased 0.35% over the week, bringing year-to-date increase to 4.3%.
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TA-100
The TA-100 index decreased 0.7% over the week, bringing year-to-date increase to 2.4%.
TA-Biomed
The TA-Biomed decreased 3.0% over the week, bringing year-to-date decrease to 20.1%.
TA-Com
The TA-Com index increased 1.3% over the week, bringing year-to-date increase to 5.8%.
Share Offerings
This week there were 3 share offerings which raised US $14 million.
Since the beginning of 2014 the business sector raised US $1.6 billion through share offerings on the TASE, after raising US $1.7 billion for the whole of 2013.
Corporate Bonds
Two companies made bond offerings this week amounting to US $100 million, with most of the amount, US $80 million, raised by Zur-Shamir.
Since the beginning of the year the business sector raised US $9.4 billion through bond offerings, of which US $3.7 billion on the "TACT Institutional" system, after raising US $10.1 billion for the whole of 2013.
Government Bonds
The Ministry of Finance (MoF) made a public bond offering listed on the TASE amounting to US $0.4 billion.
Since the beginning of the year the MoF raised US $10.1 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.
Foreign Investors
The Bank of Israel released figures this week indicating that foreign investors acquired a net US $40 million in TASE-listed shares in June, and since the beginning of the year acquired a net US $640 million.
In addition, foreign investors acquired a net US $210 million Israel government bonds in June, and since the beginning of the year acquired a net US $700 million Israel government bonds.
Unemployment
The Central Bureau of Statistics released figures indicating the unemployment rate in June increased to 6.3%, compared with 6% in the previous month similar to the average for 2013.
Sector Indices
Week 2014 TA Bluetech-50 -0.9% -10.0% TA Banks 0.3% -1.6% TA Real Estate-15 -0.3% 0.8%
Foreign Exchange
WEEK 2014 Dollar/NIS 1.0% -0.6% Euro/NIS 1.0% -3.5%
Facts & Figures
The Tel-Aviv Stock Exchange features in July 2014:
- 475 companies listing equities.
- 591 Exchange Traded Notes.
- 34 series of government bonds.
- 74 Series of Institutional bonds.
- 595 series of corporate bonds.
- 1,287 mutual funds.
- Market Cap. (US$ billions)
- Equities - 218
- Government bonds - 147
- Corporate bonds - 92
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)76-8160405/6
Visit the Tel Aviv Stock Exchange's Website: http://www.tase.co.il
SOURCE Tel Aviv Stock Exchange (TASE)
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