Tel Aviv Stock Exchange Trading Summary: January 10-14, 2016

• Trading on the Tel Aviv Stock Exchange in the second trading week of 2016 was ended with declines in all the major share indices; 
• Sharp decrease in TA-Biomed and TA-Oil & Gas indices;
• The US high tech company "Ability", whose shares are traded on the NASDAQ-CM, listed its shares for trading on the TASE;
• The foreign real estate company "Delshah Capital" made an initial offering of bonds on the TASE

TA-25 index 

The TA-25 index decreased 2.6% over the last week and decreased 4.9% since the beginning of the year, after an increase of 4% for the whole of 2015.

TA-100 index

The TA-100 index decreased 2.8%over the last week and decreased 5.1% since the beginning of the year, after an increase of 2% for the whole of 2015.

TA-Biomed

The TA-Biomed index decreased this week by 9.2%. Since the beginning of the year, the TA-Biomed index fell by 18.3%, after a decrease of 24% in 2015.

TA-Oil & Gas

The TA-Oil & Gas index decreased this week by 7.6%. Since the beginning of the year, the TA-Oil & GAS index fell by 10.0%, after a decrease of 5% in 2015.

Corporate Bonds 

This week there was two bond offerings to the public on the TASE by the business sector:

US$ 102 million was raised by the foreign real estate company "Delshah Capital" in an initial public offering of bonds on the TASE, and "Hamashbir 365" raised US$ 23 million.

Since the beginning of the year, the business sector raised US$ 140 million in the bond market on the TASE.

In 2015, the business sector raised a total of US$ 14.1 billion on the TASE through bonds to the public, and a further US$ 0.6 billion was raised through bonds to institutional investors.

Government Bonds

The Ministry of Finance (MoF) made one bond offering this week on the TASE, amounting to US$ 0.3 billion. Since the beginning of the year, the MoF raised US$ 0.5 billion in bond offerings on the TASE.

In 2015, the MoF raised a total of US$ 10 billion in bond offerings on the TASE.

Dual Listing

The US high tech company "Ability", a provider of technological solutions to intelligence entities, and whose shares are traded on the NASDAQ-CM (Symbol: ABIL) made a dual listing. The company’s shares began this week to be traded also on the TASE.

The company’s shares are expected to be included in the TA-100, TA-75, TA-Tech-Elite, TA-BlueTech and TA Technology indices at on January 31, under the "fast track" arrangement.

Currently there are 60 companies traded on the TASE whose shares are also traded overseas.

Sector Indices

Foreign Exchange

Facts & Figures

The Tel-Aviv Stock Exchange features in December 2015:

• 461 companies listing equities.
• 638 Exchange Traded Notes.
• 32 series of government bonds.
• 61 Series of Institutional bonds.
• 599 series of corporate bonds.
• 1,410 mutual funds.
• Market Cap. (US$ billions)

o    Equities - 244

o    Government bonds – 129 

o    Corporate bonds – 82