- Trading on the Tel Aviv Stock Exchange (TASE) during the third week of November was marked by a mix trend in the leading shares indices;
- The TASE launched two new indices - "TA-25 Net USD Index" and "Tel Bond-Yields Shekel index"
TA-25 index
The TA-25 index increased 1.0% over the last week and increased 7.4% since the beginning of the year, after an increase of 10.2% for the whole of 2014.
TA-100 index
The TA-100 index increased 0.5% over the last week, and increased 5.6% since the beginning of the year, after an increase of 6.7% for the whole of 2014.
TA-Biomed
The TA-Biomed index decreased this week by 2.8%.
Since the beginning of the year the index decreased by 19.9%, after a decrease of 33.9% in 2014.
TA-25 Net USD
On November 15, the TASE launched the TA-25 Net USD Index - the index reflects net overall dollar yield, with only the net dividend (75% of the dividend) reinvested in the index. The new index was developed to respond to the needs of overseas investors, following a request by an international company that is planning to launch an ETF overseas on the TA-25 Index.
TelBond-Yield NIS
On November 15, the TASE launched the "Tel Bond-Yield NIS Index". This is the 12th Tel-Bond index and it includes all the unlinked fixed interest bonds, with a credit rating from (BBB-) to (A), that are included in the Tel-Bond Universe. There are 24 bond series in the Index with a value of US$ 3.5 billion.
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$ 9 billion in bond offerings on the TASE
Growth Rate
The Central Bureau of Statistics released figures indicating that GDP rose by 2.5% (in annual terms) in the third quarter of 2015, after a rise of 0.2% in the previous quarter and a rise of 2.0% in the first quarter of 2015.
CPI Index
Figures released by the Central Bureau of Statistics indicate that the Consumer Price Index increased by 0.1% in October, and decreased 0.5% since the beginning of the year, after decreasing by 0.2% for the whole of 2014.
Sector Indices
WEEK 2015
TA Tech-Elite -0.7% 6.5%
TA Banks 1.2% 10.7%
TA Real
Estate-15 -0.0% 7.8%
Foreign Exchange
WEEK 2015
Dollar/NIS -0.1% -0.1%
Euro/NIS -0.5% -11.9%
Facts & Figures
The Tel-Aviv Stock Exchange features in October 2015:
- 461 companies listing equities.
- 640 Exchange Traded Notes.
- 32 series of government bonds.
- 65 Series of Institutional bonds.
- 597 series of corporate bonds.
- 1,370 mutual funds.
- Market Cap. (US$ billions)
- Equities - 202
- Government bonds - 127
- Corporate bonds - 82