- Trading on the Tel Aviv Stock Exchange (TASE) during the second week of March was marked by a mix trend in the leading TASE indices;
- Daily record volume in the weekly options on the TA-25 Index;
- Continued offerings in the bond market – Two foreign real estate companies raised US $267 million in an initial bond offering
TA-25
The TA-25 index increased 2.4% over the week and increased 6.9% since the beginning of the year, after an increase of 10.2% for the whole of 2014.
TA-100
The TA-100 index increased 1.5% over the week and increased 6.8% 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 decreased 4.5% over the week and decreased 2.2% since the beginning of the year, after decrease of 20% for the whole of 2014.
Corporate Bonds
This week there were two bond offerings by the foreign real estate companies Related and GFI, which raised US $211 million and US $56 million, respectively, in an initial bond offering on the TASE.
Since the beginning of the year, the business sector raised US $3.8 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 $2.3 billion. In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE.
Daily record volume in the weekly options on the TA-25 Index
The trading volume in the weekly options on the TA-25 Index, launched in July 2013, reached a daily record of 102 thousand units in March 2015. This volume is 40% higher than the previous daily record which was reached on December 16, 2014.
Foreign Investors
The Bank of Israel released figures this week indicating that foreign investors acquired a net US $200 million in TASE-listed shares in January, and for the whole of 2014 acquired a net US $1.3 billion.
In addition, in January, foreign investors acquired a net US $130 million, and for the whole of 2014 acquisitions amounted to US $2.3 billion. Foreign investor activity in Israeli T-bills in January was balanced out, after net acquisitions totaling US $1.1 billion for the whole of 2014.
Growth Rate
The Central Bureau of Statistics updated the growth rate for 2014 to 2.8%, after GDP increased by 3.2% and 3.0% for the years 2013 and 2012, respectively.
Sector Indices
|
|
WEEK
|
2015 |
|
TA Tech-Elite |
0.4% |
16.8% |
|
TA Banks |
-0.4% |
0.9% |
|
TA Real Estate-15 |
-2.3% |
13.0% |
Foreign Exchange
|
|
WEEK
|
2015 |
|
Dollar/NIS |
1.0% |
3.4% |
|
Euro/NIS |
-3.6% |
-9.6% |
|
|
|
|
Facts & Figures
The Tel-Aviv Stock Exchange features in February 2015:
- 471 companies listing equities.
- 616 Exchange Traded Notes.
- 29 series of government bonds.
- 74Series of Institutional bonds.
- 604 series of corporate bonds.
- 1,328 mutual funds.
- Market Cap. (US$ billions)
o Equities - 204
o Government bonds – 128
o Corporate bonds – 80
