Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tel Aviv Stock Exchange Weekly Review: 15-19 March 2015

Date 19/03/2015

  • Trading on the Tel Aviv Stock Exchange (TASE) during the third week of March ended up for all leading TASE indices;
  • Continued offerings in the bond market
  • Israel Railways raised US $249 million in an initial bond offering

TA-25 

The TA-25 index increased 2.3% over the week and increased 9.3% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

TA-100

The TA-100 index increased 2.2% over the week and increased 9.1% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA-Oil & Gas

The TA-Oil & Gas index increased 4.3% over the week and increased 1.9% since the beginning of the year, after decrease of 20% for the whole of 2014.

Corporate Bonds

This week the Government company- Israel Railways raised US $249 million in an initial bond offering on the TASE.

Since the beginning of the year, the business sector raised US $3.2 billion through bond offerings.

In 2014 the business sector raised US $16.1 billion through bond offerings on the TASE.

Share Offering

This week there was a rights issue by a biomed company amounting to US $4.5 million.   

Since the beginning of the year, the business sector raised US $375 million in the share market on the TASE.

In 2014 the business sector raised US $2.1 billion through shares on the TASE.

CPI Index

Figures released by the Central Bureau of Statistics indicate that the Consumer Price Index decreased by 0.7% in February 2015, and decreased by 1.6% in the first two months of 2015, after decreasing by 0.2% in 2014.

Shortened Trading Week

The third trading week in March was shortened to 4 days. There was no trading on the TASE on Tuesday, March 17, due to the Elections to the 20th Knesset.

Sector Indices

 

 WEEK

2015

TA Tech-Elite

2.7%

 20.0%

TA Banks

0.4%

1.3%

TA Real Estate-15

2.0%

  15.3%

Foreign Exchange

 

 WEEK

 

2015

Dollar/NIS

-0.2%

 3.0%

Euro/NIS

0.1%

-9.7%

 

 

 

Facts & Figures

The Tel-Aviv Stock Exchange features in February 2015:

  • 471 companies listing equities.
  • 616 Exchange Traded Notes.
  • 29 series of government bonds.
  • 74Series 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