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Tel Aviv Stock Exchange: New Industry Classifications: Tech Industries Recategorized

Date 17/10/2012

 
  1. Background 
  With the increase of TASE-listed high-tech companies to almost 140 companies  and within the efforts of TASE to position itself as a financial hub for high tech companies, two sectors will be launched: "Technology" and "Biomed", in which all TASE  high-tech listed companies will be consolidated.

The change in the sector classification of these companies will apply as of Thursday, 1 November 2012.

 
  2. New High Tech Industrial Sectors 
  The Technology and Biomed sectors will be divided into sub-sectors as follows:

Technology Sector
The Technology sector will be divided into 8 sub-sectors as follows:
- IT Services
- Software and Internet
- Electronics and Optics
- Defense
- Communications Equipment
- Semiconductors
- Cleantech
- Investments in High Tech

Biomed Companies
The Biomed sector will be divided into 3 sub-sectors:
- Biotechnology
- Medical Devices
- Investments  in Life Sciences

For Sector Classification of TASE High-Tech Companies .

 

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