Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tel Aviv Stock Exchange Weekly Review: 17-21 May 2015

Date 21/05/2015

Trading on the Tel-Aviv Stock Exchange (TASE) during the third week of May was marked by price rises in all of the leading share indices

TA-Gas & Oil Index led with a rise of 4.4% 

Trading commenced on the NASDAQ of the biomed company 'Medigus' 

TA-25  

The TA-25 index increased 3.4% over the last week, and increased 17.1% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

TA-100  

The TA-100 index increased 3.3% over the last week, and increased 15.1% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA Gas & Oil 

The TA Gas & Oil Index increased 4.4% over the week, and increased 21.6% since the beginning of the year, after a decrease of 20% in 2014.  

Corporate Bonds 

Two real-estate companies made bond offerings to the public this week for US $83 million, of which US$73 million was raised by The Leser Group (a foreign corporation)

Since the beginning of the year, the business sector raised a total of US $5.5 billion through bonds.

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 this week listed on the Tel-Aviv Stock Exchange, amounting to US $0.2 billion, and since the beginning of the year the MoF raised US $4.1 billion.

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

ETN Offerings 

This week, 2 new currency-neutral ETNs were issued on European share indices.

Currently there are 629 ETNs traded on the TASE, of which 23 are currency ETNs.

Listing for Trading on the NASDAQ - "Medigus" 

The biomed company Medigus, whose shares are traded on the TASE, listed its shares for trading on the NASDAQ on May 20. It is the second biomed company whose shares are traded on the TASE that has commenced trading also on the NASDAQ this month.

CPI Index  

Figures released by the Central Bureau of Statistics indicate that the Consumer Price Index increased by 0.6% in April 2015, after an increase of 0.3% in March, and after a decrease of 1.6% in the first two months of 2015.

In the first third of 2015, the index decreased by 0.7%, after decreasing by 0.2% in 2014.

Economic Growth  

The Central Bureau of Statistics released this week a preliminary estimate for the first quarter of 2015, indicating that GDP increased by 2.5% (in annual terms), after an increase of 6.6% in the previous quarter and 0.8% in the third quarter of 2014

Sector Indices

                     WEEK
                          2015
    TA Tech-Elite    2.8% 16.3%
    TA Banks         4.3% 13.1%
    TA Real
    Estate-15        1.4% 22.1%

Foreign Exchange

               WEEK
                      2015
    Dollar/NIS 0.9%  -0.7%
    Euro/NIS   -1.0% -8.9%
 

Facts & Figures 

The Tel-Aviv Stock Exchange features in April 2015:

  • 470 companies listing equities.
  • 625 Exchange Traded Notes.
  •   29 Series of government bonds.
  •   73 Series of Institutional bonds.
  • 596 series of corporate bonds.
  • 1,342 mutual funds.
  • Market Cap. (US$ billions)
    • Equities - 224
    • Government bonds - 132
    • Corporate bonds - 83