Tel Aviv Stock Exchange Weekly Review: 30 November - 4 December 2014

TEL AVIV, Israel, December 4, 2014 /PRNewswire/ --

TA-25  

The TA-25 index increased 0.5% over the week, bringing year-to-date increase to 11.7%  

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

TA-100  

The TA-100 index increased 0.6% over the week, bringing year-to-date increase to 9.3%

TA-Oil & Gas 

The TA-Oil & Gas index decreased 2.9% over the week, bringing year-to-date decrease to 2.5%.

Share Offerings 

This week there were two share offerings to the public amounting to US $2.5 million.

Since the beginning of 2014 the business sector raised US $2 billion through share offerings on the TASE, compared with US $1.7 billion raised for the whole of 2013.

Corporate Bonds 

This week there was a bond offering to the public by a new foreign company, which is engaged in initiating real estate projects and income-producing real estate in New York - Lightstone, which raised US $120 million.

An Israeli company Ahuzat Bayit also made an initial bond offering to the public and raised US $50 million.

In addition, two long-established companies made bond offerings to the public of US $100 million.

Since the beginning of the year the business sector raised US $15.1 billion through bond offerings, of which US $5 billion on the "TACT Institutional" system, after raising US $10 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 $0.2 billion.

Since the beginning of the year the MoF raised US $14 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.

Two new types of orders for trading on the TASE  

The TASE Board of Directors approved two new types of orders for trading in securities - "Stop Limit" and "Iceberg". In this way the TASE is following the practice of leading stock exchanges abroad that offer these two types of orders to their traders.

The new orders will be available to all the customers of all the members of the TASE, and in all types of securities except for derivatives.

Subject to the approval of the Israel Securities Authority, the new orders will come into effect on December 28, 2014.

Sector Indices

   

                     WEEK
                             2014
    TA Bluetech       2.2%  -6.0%
    TA Banks         -1.3%  -3.6%
    TA Real
    Estate-15        -0.1%   4.2%

Foreign Exchange

   

               WEEK
                      2014
    Dollar/NIS 2.5%  14.8%
    Euro/NIS   1.5%   2.6%

Facts & Figures 

The Tel-Aviv Stock Exchange features in November 2014:

• 473 companies listing equities.
• 588 Exchange Traded Notes.
• 31 series of government bonds.
• 74 Series of Institutional bonds.
• 607 series of corporate bonds.
• 1,310 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 203
  • Government bonds - 129
  • Corporate bonds - 82

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)