Trading on the Tel-Aviv Stock Exchange (TASE) during the third week of June was marked by a mix trend in the leading share indices;
Continued offerings in the bond market
TA-25
The TA-25 index decreased 0.7% over the last week, and increased 15.0% since the beginning of the year, after an increase of 10.2% for the whole of 2014.
TA-100
The TA-100 index decreased 0.1% over the last week, and increased 12.9% 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 increased 3.6% over the week, and increased 26.1% since the beginning of the year, after a decrease of 20.1% in 2014.
Corporate Bonds
This week two companies raised US$ 300 million in bond offerings to the public. The most prominent of the offerings was made by "Migdal Insurance Funds" whose bonds are traded on the TACT - Institutional system, and which this week raised US$ 288 million in an initial public bond offering.
Since the beginning of the year the business sector raised US$ 7.9 billion through bonds.
In 2014, the business sector raised US$ 16.1 billion through bonds on the TASE.
Government Bonds
The Ministry of Finance (MoF) made a bond offering this week listed on the Tel-Aviv Stock Exchange, amounting to US $0.2 billion, and since the beginning of the year the MoF has raised US $5 billion.
In 2014, the MoF raised US $14.5 billion in bond offerings on the TASE.
CPI Index
Figures released by the Central Bureau of Statistics indicate that the Consumer Price Index increased by 0.2% in May. Since the beginning of the year, the index decreased by 0.5%, after decreasing by 0.2% in 2014.
Economic Growth
The Central Bureau of Statistics released this week a second estimate for the first quarter of 2015, indicating that GDP increased by 2.1% (in annual terms), compared with 2.5% in the first estimate, following an increase of 6.5% in the previous quarter and 0.8% in the third quarter of 2014.
Sector Indices
WEEK 2015
TA Tech-Elite 0.8% 15.2%
TA Banks -0.9% 16.0%
TA Real
Estate-15 2.9% 15.4%
Foreign Exchange
WEEK 2015
Dollar/NIS -0.7% -2.0%
Euro/NIS 0.8% -8.0%
Facts & Figures
The Tel-Aviv Stock Exchange features in May 2015:
- 469 companies listing equities.
- 629 Exchange Traded Notes.
- 31 Series of government bonds.
- 72 Series of Institutional bonds.
- 590 series of corporate bonds.
- 1,352 mutual funds.
- Market Cap. (US$ billions)
- Equities - 226
- Government bonds - 130
- Corporate bonds - 83
