Tel Aviv Stock Exchange Offers Free Data On Listed Companies On The Web

The Tel Aviv Stock Exchange announced that it opened a new link on its Website, www.tase.co.il, that enables investors to quickly and easily obtain a variety of financial data about listed companies .The new service is free of charge. The new Website link, published in English, expands the TASE's free services to investors and furthers the bourse's commitment to building the international exposure of its 660 listed companies. By inputting a company's name or part of the name, a user can access - for every security - a daily trading graph, the market capitalization, turnover, prices and times of trades, and daily highs and lows. Investors also can find the securities' yields - month-to-date and year-to-date - links to companies' Websites, and corporate investor-relations contacts, including their e-mail addresses and phone and fax numbers. Company lists are also classified by industry. The exchange also announced that its listed companies can now display on their Websites banners that link to the TASE's stock prices. A visitor to a listed company's can get the company's share price, delayed 20 minutes. "The TASE attaches great importance to the development of international investor relations via the Internet," said Ester Levanon, executive vice president and head of the Computer and Operations Department at the Tel Aviv Stock Exchange, which created the new company-data and pricing-banner links. "The listed companies know well the advantages of developing good communications with their investors worldwide," she added. "The Internet serves as a key tool to enhance investor relations and, consequently, shareholder value." Foreign investment on the TASE recently reached a record of $7.5 billion, accounting for more than 14.1% of the bourse's total market capitalization. The TASE recently shortened the delay between a security's real-time price and its display on the TASE's Website to 20 minutes from 30 minutes. (International data vendors provide real-time pricing services for all traded securities.) The levels of the TA-25 and TA-100 indexes are shown on the Website in real time. The Tel Aviv Stock Exchange, founded in 1953, is owned by its 28 member firms and is regulated by the Israel Securities Authority. The Tel Aviv Stock Exchange provides highly advanced electronic trading systems for shares, bonds and Treasury bills, and it operates two trading floors for derivatives. All trades are cleared and settled by the TASE Clearing House. The TASE offers international investors a combination of attractive investment opportunities and a full complement of market services, including an elaborate and user-friendly website at www.tase.co.il.