Trading on the Tel-Aviv Stock Exchange (TASE) during the last two weeks of April, was marked by a decline in prices in most leading TASE Indices. “Optibase” returns to TASE and makes dual listing
TA-25
The TA-25 index decreased 2.5% over the last two weeks, and increased 12.3% since the beginning of the year, after an increase of 10.2% for the whole of 2014.
TA-100
The TA-100 index decreased 3.3% over the last two weeks, and increased 11.0% since the beginning of the year, after an increase of 6.7% for the whole of 2014.
TA Com
The TA Com Index decreased 5.3% over the last two weeks, and decreased 6.1% since the beginning of the year, after an increase of 10.4% in 2014.
Share Offerings
In the last two weeks there were three public offerings and two rights issues by high tech companies amounting to US $96 million. Most of the amount, US $89 million, was raised by the CleanTech company Energix Group.
In the first third of 2015 the business sector raised a total of US $555 million in shares on the TASE.
In 2014 the business sector raised US $2.1 billion through shares on the TASE.
Corporate Bonds
This week there were two public bond offerings by Airport City and Elco in the amounts of US $65 million and US $39 million, respectively.
In the first third of 2015 the business sector raised a total of US $5.1 billion through bonds.
In 2014 the business sector raised US $16.1 billion through bond offerings on the TASE.
Government Bonds
In the last two weeks the Ministry of Finance (MoF) made two bond offerings listed on the Tel-Aviv Stock Exchange, amounting to US $0.5 billion, and since the beginning of the year the MoF raised US $3.4 billion.
In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE.
Sector Indices
|
|
2 WEEKS
|
2015 |
|
TA Tech-Elite |
-4.2% |
14.3% |
|
TA Banks |
1.3% |
8.5% |
|
TA Real Estate-15 |
-1.8% |
21.0% |
Foreign Exchange
|
|
WEEK
|
2015 |
|
Dollar/NIS |
-1.7% |
-0.7% |
|
Euro/NIS |
1.8% |
-8.6% |
|
|
|
|
Facts & Figures
The Tel-Aviv Stock Exchange features in March 2015:
- 470 companies listing equities.
- 616 Exchange Traded Notes.
- 30 Series of government bonds.
- 73 Series of Institutional bonds.
- 601 series of corporate bonds.
- 1,339 mutual funds.
- Market Cap. (US$ billions)
o Equities - 217
o Government bonds – 129
o Corporate bonds – 80
