.jpg)
Trading on the Tel-Aviv Stock Exchange (TASE) on the third week of August was ended down in most of the leading share indices;Further public offerings in the share and bond markets
TA-25 index
The TA-25 index decreased 1.0% over the last week, and increased 15.7% since the beginning of the year, after an increase of 10.2% for the whole of 2014.
TA-100 index
The TA-100 index decreased 0.8% over the last week, and increased 14.6% 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 1.2% over the last week, and increased 24.3% since the beginning of the year, after a decrease of 11.5% for the whole of 2014
Share Offerings
This week there were two offerings of shares to the public on the TASE amounting to US$ 15 million, most of the amount raised by the real estate company Mega Or.
The dual- listed company Cyren, raised US$13 million in a share offering to the public on the US.
Since the beginning of the year, the business sector raised US$ 0.9 billion in shares on the TASE.
Corporate Bonds
This week there were two bond offerings to the public by the business sector:
Oil Refineries raised US$ 121 million, and Meitav Dash Investments raised US$37 million
Since the beginning of the year the business sector raised US$ 10.4 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$ 0.2 billion. Since the beginning of the year, the MoF raised a total of US$ 6.9 billion in bond offerings on the TASE.
Economic Growth
The Central Bureau of Statistics released figures indicating that ISREALs GDP increased in the second quarter of 2015 by 0.3% (in annual terms), after an increase of 2% in the first quarter of the year and 6.2% in the last quarter of 2014.
In addition, GDP increased in the first half of 2015 by 2.6% (in annual terms), after an increase of 2.5% in the previous half-year and an increase of 2.4% in the first half of last year.
CPI Index
Figures released by the Central Bureau of Statistics indicate that the Consumer Price Index increased by 0.3% in July. Since the beginning of the year, the index remained unchanged, after decreasing by 0.2% for the whole of 2014.
Composite State-of-the-Economy Index
The Bank of Israel released figures indicating that the Composite State-of-the Economy Index rose 0.3% in July, similar to its rate of growth in recent months.
Sector Indices
WEEK 2015
TA Tech-Elite -0.5% 10.6%
TA Banks -2.5% 17.3%
TA Real
Estate-15 -1.3% 16.7%
Foreign Exchange
WEEK 2015
Dollar/NIS 2.5% -0.2%
Euro/NIS 3.0% -8.1%
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)
- Equities - 226
- Government bonds - 130
- Corporate bonds - 83
