Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tel Aviv Stock Exchange Weekly Review: 4-8 January 2015

Date 08/01/2015

Trading on the Tel Aviv Stock Exchange (TASE) during the first week of 2015 was characterized by a mixed trend in the leading share indices; The largest increases this week of 6.5% were in biomed shares

Tel Aviv, Israel, Jan 08, 2015  –

TA-25 

The TA-25 index increased 0.5% over the week, and increased 0.3% since the beginning of the year, after an increase of 10% for the whole of 2014.

TA-100

The TA-100 index increased 0.2% over the week, and increased 0.1% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA-Biomed

The TA- Biomed index increased 6.5% over the week, and increased 7.6% since the beginning of the year, after a decrease of 34% for the whole of 2014.

TA-Com

The TA-Com index decreased 4.7% over the week and decreased 6.4% since the beginning of the year, after an increase of 10% for the whole of 2014.

Share Offerings

This week there was one share offering by a biomed company amounting to US $0.4 million.

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

Corporate Bonds

This week Dexia Israel Bank made a corporate bond offering to the public amounting to US $191 million.

For the whole of 2014 the business sector raised US $16.1 billion through bonds, of which US $5.8 billion on the "TACT Institutional" system.

Government Bonds

The Ministry of Finance (MoF) made a bond offering this week listed on the Tel-Aviv Stock Exchange for US $0.2 billion.

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

Foreign Investors

The Bank of Israel released figures this week indicating that foreign investors acquired a net US $150 million in holdings of TASE-listed shares in November, and since the beginning of 2014 acquired a net USS $1.2 billion.

In addition, foreign investors acquired a net US $220 million Israel government bonds in November, and since the beginning of 2014 acquired a net US $2.3 billion Israel government bonds. Foreign investors also acquired a net US $140 million Israeli T-bills in November, totaling US $1.2 billion since the beginning of 2014.

Sector Indices

 

 

WEEK

 

2015

TA Bluetech

1.1%

 1.3%

TA Banks

0.2%

 -0.2%

TA Real Estate-15

-1.2%

  -0.7%

 

Foreign Exchange

 

 

WEEK

 

2015

Dollar/NIS

1.4%

 2.2%

Euro/NIS

-0.9%

 -1.0%

 

 

 

 

Facts & Figures

The Tel-Aviv Stock Exchange features in December 2014:

  • 473 companies listing equities.
  • 591 Exchange Traded Notes.
  • 31 series of government bonds.
  • 75 Series of Institutional bonds.
  • 607 series of corporate bonds.
  • 1,330 mutual funds.
  • Market Cap. (US$ billions)

o    Equities - 201

o    Government bonds – 128

o    Corporate bonds – 80