Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tel-Aviv Stock Exchange Weekly Review 3-7 February 2013

Date 07/02/2013

Trading on the Tel-Aviv Stock Exchange (TASE) during the first week of February ended higher for all leading TASE's indices.

TA-25

  • The TA-25 index increased 2.8% over the week, bringing year-to-date increase to 2.1%. 

TA-100

  • The TA-100 index increased 3.3% over the week, bringing year-to-date increase to 3.1%.

TA-Insurance

  • The TA-Insurance index stood out and increased 8.1% over the week, bringing return since the beginning of the year to 4.8%.

Government Bonds

  • The Government of Israel floated US $0.4 billion bonds on the local market this past week bringing the year-to-date total of government bond issues to US $2.0 billion.

Foreign Investors

  • Figures released by the Bank of Israel indicate that in January 2013 foreign investors acquired a net US $300 million each shares and government bonds. This follows 2012 during which net investment in TASE-traded shares came to US $430 million and net liquidation of government bond investments amounted to US$ 230 million.

Corporate  Bonds

  • Two companies raised US $135 million in public bond offerings. Since the beginning of the year the business sector raised US $1.9 billion by bonds.

Unemployment

  • Figures released by the Central Bureau of Statistics indicate that the unemployment rate increased from 6.8% in November 2012 to 6.9% in December. On average the unemployment rate in 2012 came to 6.9% as opposed to 6.5% in 2011.

Sector Indices

 

WEEK

YTD 2013

TA Bluetech-50

2.4%

2.7%

TA Banks

5.3%     

3.6%

TA Real Estate-15

3.2%

5.2%

 

Foreign Exchange

 

WEEK

YTD

2013

Dollar/NIS

0.1%

-1.2%

Euro/NIS

-0.5%

1.7%

 

 

 

 

Facts & Figures

The Tel-Aviv Stock Exchange features in January 2013:

  • 533 companies listing equities.
  • 440 index-tracking products.
  • 34 series of government bonds.
  • 642 series of corporate bonds.
  • 1,290 mutual funds.
  • Market Cap. (US$ billions)

 

  • Equities - 163
  • Government bonds – 122
  • Corporate bonds – 99