Trading on the Tel Aviv Stock Exchange (TASE) during the first week of March ended up for most leading TASE indices;
The largest increases were in communication shares of 2.9%;
Continued offerings in the bond market –
“Eldan Transportation” raised US $114 million in an initial bond offering
TA-25
The TA-25 index increased 0.8% over the week and increased 4.4% since the beginning of the year, after an increase of 10.2% for the whole of 2014.
TA-100
The TA-100 index increased 1.0% over the week and increased 5.3% since the beginning of the year, after an increase of 6.7% for the whole of 2014.
TA-Com
The TA-Com index increased 2.9% over the week and decreased 9.4% since the beginning of the year, after an increase of 10.4% for the whole of 2014.
Corporate Bonds
This week there were two bond offerings by the business sector amounting to US $130 million. US $114 million of this was raised by the leasing and car rental company Eldan Transportation in an initial bond offering on the TASE.
Since the beginning of the year, the business sector raised US $2.7 billion through bond offerings.
In 2014 the business sector raised US $16.1 billion through bond offerings on the TASE.
Government Bonds
The Ministry of Finance (MoF) made a bond offering listed on the Tel-Aviv Stock Exchange this week amounting to US $0.2 billion, and since the beginning of the year the MoF raised US $1.2 billion. In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE.
Shortened Trading Week
The first trading week in March will be shortened due to the Purim Holiday on Thursday.
Sector Indices
|
|
WEEK
|
2015 |
|
TA Tech-Elite |
0.8% |
16.3% |
|
TA Banks |
0.2% |
-0.2% |
|
TA Real Estate-15 |
2.2% |
15.8% |
Foreign Exchange
|
|
WEEK
|
2015 |
|
Dollar/NIS |
0.5% |
2.4% |
|
Euro/NIS |
-0.4% |
-6.2% |
|
|
|
|
Facts & Figures
The Tel-Aviv Stock Exchange features in February 2015:
- 471 companies listing equities.
- 616 Exchange Traded Notes.
- 29 series of government bonds.
- 74 Series of Institutional bonds.
- 604 series of corporate bonds.
- 1,328 mutual funds.
- Market Cap. (US$ billions)
o Equities - 204
o Government bonds – 128
o Corporate bonds – 80
