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FTSE Mondo Visione Exchanges Index:

Tel Aviv Stock Exchange Weekly Review: 12-16 April 2015

Date 16/04/2015

Trading on the Tel Aviv Stock Exchange (TASE) during the second trading week of April was marked by a mixed trend for TASE indices

TA-25  

The TA-25 index increased 2.1% over the week and increased 15.1% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

TA-100  

The TA-100 index increased 2.5% over the week and increased 14.8% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TARealEstate-15 

The TA RealEstate-15

Index decreased 1.8% over the week and increased 23.2% since the beginning of the year, after an increase of 0.9% in 2014.  

ETN Offerings 

This week 3 new ETNs were issued on consumer stock indices in the US and a new ETN combining 50% Israeli government bond index and 50% US corporate bond index.

Currently there are 621 ETNs traded 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 $0.3 billion, and since the beginning of the year the MoF raised US $2.9 billion.

In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE.

CPI Index  

Figures released by the Central Bureau of Statistics indicate that the Consumer Price Index increased by 0.3% in March 2015, after decreasing by 1.6% in the first two months of 2015, and after decreasing by 0.2% in 2014.

Budgetary Deficit 

The Ministry of Finance released figures this week indicating that the budgetary deficit of the Israeli government in March amounted to NIS 1.2 billion.

In the first quarter of 2015 the government had a budgetary surplus of NIS 0.7 billion compared with a budgetary deficit of NIS 0.3 billion in the corresponding quarter last year.

Sector Indices
                     
                             WEEK  2015
    TA Tech-Elite     2.0% 19.3%
    TA Banks           -0.7%  7.0%
    TA Real
    Estate-15           -1.8% 23.2%

Foreign Exchange
                
                  WEEK        2015
    Dollar/NIS -0.2%    1.2%
    Euro/NIS   -0.4% -10.7%
 

Facts & Figures 

The Tel-Aviv Stock Exchange features in March 2015:

  • 470 companies listing equities.
  • 616 Exchange Traded Notes.
  •   30 Series of government bonds.
  •   73 Series of Institutional bonds.
  • 601 series of corporate bonds.
  • 1,339mutual funds.
  • Market Cap. (US$ billions)
    • Equities - 217
    • Government bonds - 129
    • Corporate bonds - 80