Tel Aviv Stock Exchange Weekly Review: July 5-9, 2015

Trading on the Tel-Aviv Stock Exchange (TASE) on the first week of July, was marked by declines in most of the leading share indices; Record turnover in weekly options on the TA-25 index

Jul 09, 2015, 12:11 ET from Tel-Aviv Stock Exchange (TASE)

TEL AVIV, Israel, July 9, 2015 /PRNewswire/ --

TA-25 index 

The TA-25 index decreased 0.4% over the last week, and increased 13.2% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

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TA-100 index 

The TA-100 index decreased 0.4% over the last week, and increased 10.6% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA-Oil & Gas index 

The TA-Oil & Gas

Index decreased 3.8% over the week, and increased 13.5% since the beginning of the year, after a decrease of 20.1% in 2014.  

Record turnover in weekly options on the TA-25 index 

The trading turnover in weekly options on the TA-25 index, launched in July 2013, reached a record high of 125,833 units on July 8, 2015.

Share Offerings 

This week there was a share offering made by the biomed company Medigus amounting to US$ 7 million.

Since the beginning of the year, the business sector raised a total of US $0.9 billion through share Offering on the TASE, compared with US$ 2.1 billion for the whole of 2014.

Government Bonds 

The Ministry of Finance (MoF) made a bond offering this week listed on the TASE, amounting to US$ 0.2 billion.

Since the beginning of the year, the MoF raised a total of US$ 5.5 billion in bond offerings on the TASE, compared with US$ 14.5 billion for the whole of 2014.

Foreign Investors  

The Bank of Israel released figures this week indicating that foreign investors acquired a net US$ 80 million in TASE listed shares in May, and net acquisitions totaling US$ 0.7 billion in January - May 2015.

In addition, foreign investors made net disposals of US$ 350 million in government bonds in May, and net acquisitions of government bonds totaling US$ 0.4 billion in January - May 2015.

Foreign investors made net disposals of Israeli T-bills of US$ 30 in May, and net disposals of Israeli T-bills in January - May 2015 totaling US $280 million in January - May 2015.

Ministry of Finance Economic Growth Forecast 

The Ministry of Finance released this week a macro-economic forecast indicating that the rate of GDP is expected to reach 3.1% for 2015, and 3.3% for 2016, after growth of 2.8% for 2014.

Sector Indices


   
                       WEEK

                               2015
    TA Tech-Elite     -1.8%   10.5%
    TA Banks          -0.2%   15.6%
    TA Real
    Estate-15          1.8%   13.4%

Foreign Exchange


   
                WEEK

                       2015
    Dollar/NIS  0.5%  -2.6%
    Euro/NIS    0.0% -11.4%


Facts & Figures 

The Tel-Aviv Stock Exchange features in June 2015:

  • 467 companies listing equities.
  • 630 Exchange Traded Notes.
  •   31 Series of government bonds.
  •   69 Series of Institutional bonds.
  • 593 series of corporate bonds.
  • 1,366 mutual funds.
  • Market Cap. (US$ billions)
    • Equities - 224
    • Government bonds - 131
    • Corporate bonds - 83

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)