Trading on the Tel Aviv Stock Exchange (TASE) during the third week of February ended up for all leading TASE indices; The largest rises were in oil and gas shares of 10%.
15 new ETNs were issued - of which the first 4 ETNs on the Tel Bond - Floating Index
TA-25
The TA-25 index increased 2.3% over the week and increased 1.4% since the beginning of the year, after an increase of 10.2% for the whole of 2014.
TA-100
The TA-100 index increased 2.3% over the week and increased 1.7% since the beginning of the year, after an increase of 6.7% for the whole of 2014.
TA Oil & Gaz
The TA Oil & Gaz index increased 10.1% over the week and increased 6.1% since the beginning of the year, after a decreased of 20% for the whole of 2014.
ETN Offerings
This week first 4 ETNs were issued on the Tel Bond - Floating Index launched in November 2014. In addition, 6 new ETNs were issued on domestic bond indices and 5 ETNs on international indices.
Currently there are 610 ETNs traded on the TASE.
Share Offerings
This week there was one rights offering amounting to US $6 million.
Since the beginning of the year, the business sector raised US $300 million in the share market on the TASE.
In 2014 the business sector raised US $2.1 billion through shares on the TASE.
Corporate Bonds
This week there was a bond offering by the business sector amounting to US $50 million.
Since the beginning of the year, the business sector raised US $2.3 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 $1.6 billion. In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE.
Economic Growth
The Central Bureau of Statistics released this week a preliminary estimate for the second half of 2014 according to which GDP increased by 2.6% (on an annual basis), after an increase of 2.7% in the first half of 2014 and 3.4% for the second half of 2013.
In addition, GDP increased in the fourth quarter of 2014 by 7.2% on an annual basis, after an increase of 0.6% in the third quarter and an increase of 2.0% in the second quarter.
Credit Rating
The S&P rating agency confirmed the credit rating of the State of Israel of "A+", outlook "stable".
CPI Index
Figures released by the Central Bureau of Statistics indicate that the Consumer Price Index decreased by 0.9% in January 2015, after it remained unchanged in the previous month and decreased by 0.2% in 2014.
Sector Indices
WEEK 2015
TA Tech-Elite 2.5% 8.8%
TA Banks 5.7% -0.2%
TA Real
Estate-15 0.8% 8.9%
Foreign Exchange
WEEK 2015
Dollar/NIS -0.1% -1.2%
Euro/NIS -1.5% -7.5%
Facts & Figures
The Tel-Aviv Stock Exchange features in January 2015:
- 471 companies listing equities.
- 592 Exchange Traded Notes.
- 29 series of government bonds.
- 75 Series of Institutional bonds.
- 599 series of corporate bonds.
- 1,328 mutual funds.
- Market Cap. (US$ billions)
- Equities - 197
- Government bonds - 127
- Corporate bonds - 79
