Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index: 99,699.70 -382.02

Tel Aviv Stock Exchange Weekly Review: 9-13 August 2015

Date 13/08/2015

  • Trading on the Tel-Aviv Stock Exchange (TASE) on the second week of August was marked by a mixed trend in  the leading share indices;
  • Further offerings in the bond market 

TA-25 index 

The TA-25 index decreased 0.3% over the last week, and increased 16.8% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

TA-100 index

The TA-100 index increased 0.4% over the last week, and increased 15.5% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA MidCap-50 index 

The TA MidCap-50 index

increased 5.2% over the last week, and increased 22.8% since the beginning of the year, after a decrease of 11.5% for the whole of 2014

Corporate Bonds

This week there were two bond offerings to the public by the business sector: Avrot raised US$ 20 million, and the dual- listed company Optibase, whose shares are traded on the NASDAQ and on the TASE, raised US$16 million in an initial bond offering to the public on the TASE.

Since the beginning of the year the business sector raised US$ 10.2 billion through bonds on TASE 

Government Bonds

The Ministry of Finance (MoF) made a bond offering this week listed on the TASE, amounting to US$ 0.3 billion. 

Since the beginning of the year, the MoF raised a total of US$ 6.7 billion in bond offerings on TASE.

ETN Offerings

This week 2 ETNs were issued on international share indices.

Currently there are 637 ETNs traded on the TASE.

Israel Credit Rating

The international credit rating agency S&P confirmed Israel’s A+ credit rating, and outlook rating “Stable”.

Sector Indices

 

 WEEK

 

2015

TA Tech-Elite

-0.7%

 11.2%

TA Banks

-0.4%

20.3%

TA Real Estate-15

2.1%

  18.3%

 

Foreign Exchange

 

 WEEK

 

2015

Dollar/NIS

0.0%

 -2.1%

Euro/NIS

1.6%

 -10.5%

 

 

 

Facts & Figures

The Tel-Aviv Stock Exchange features in July 2015:

  • 469 companies listing equities.
  • 629 Exchange Traded Notes.
  • 31 series of government bonds.
  • 72 Series of Institutional bonds.
  • 590 series of corporate bonds.
  • 1,352 mutual funds.
  • Market Cap. (US$ billions)

o    Equities - 226

o    Government bonds – 130

o    Corporate bonds – 83