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Trading on the Tel Aviv Stock Exchange (TASE) during the last trading week ended up for all of TASE indices; The business sector raised US $0.9 billion in the bond market
TA-25
The TA-25 index increased 2.9% over the week and increased 12.0% 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 10.8% since the beginning of the year, after an increase of 6.7% for the whole of 2014.
TA-Banks
The TA-Banks index increased 4.5% over the week and increased 8.5% since the beginning of the year, after a decrease of 5.6% for the whole of 2014.
ETN Offerings
This week 5 new ETNs were issued on international share indices and a new ETN on local government bonds index.
Currently there are 617 ETNs traded on the TASE.
Corporate Bonds
This week seven companies raised US $0.9. billion in public bond offerings.
The largest offerings were made by Melisron amounting to US $234 and the companies Gazit Globe, International Bank, Extel Limited that raised US $ 150-170 million, each one.
From the beginning of 2015 the business sector raised a total of US $5 billion through bonds. In 2014 the business sector raised US $16.1 billion through bond offerings on the TASE.
Share Offerings
This week there were four public offerings amounting to US $36 million. Most of the amount, US $32 million, was raised by the BIGreal estate company.
In the first quarter of 2015 the business sector raised a total of US $480 million in shares on the TASE. In 2014 the business sector raised US $2.1 billion through shares on the TASE.
Unemployment
The Central Bureau of Statistics released figures indicating that the unemployment rate decreased to 5.3% in February 2015, compared with 5.6% in the previous month and an average of 5.9% in 2014.
This is the lowest rate of unemployment in many years.
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, totaling US $2.6 billion in the first quarter of the year.
In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE.
Sector Indices
|
|
WEEK |
2015 |
|
TA Tech-Elite |
1.3% |
17.0% |
|
TA Banks |
4.5% |
8.5% |
|
TA Real Estate-15 |
2.7% |
21.0% |
Foreign Exchange
|
|
WEEK
|
2015 |
|
Dollar/NIS |
-0.4% |
1.7% |
|
Euro/NIS |
-1.0% |
-9.5% |
|
|
|
|
Facts & Figures
The Tel-Aviv Stock Exchange features in March 2015:
- 470 companies listing equities.
- 616 Exchange Traded Notes.
- 30 Series of government bonds.
- 73 Series of Institutional bonds.
- 601 series of corporate bonds.
- 1,339mutual funds.
- Market Cap. (US$ billions)
o Equities - 217
o Government bonds – 129
o Corporate bonds – 80
