Tel Aviv Stock Exchange Weekly Review: June 28-July 2, 2015

Trading on the Tel-Aviv Stock Exchange (TASE) which ended today was ended down in most of the leading share indices;
Continued offerings in the bond market
Record turnover in weekly options on the TA-25 index

TA-25

The TA-25 index decreased 0.4% over the last week, and increased 13.6% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

TA-100

The TA-100 index decreased 0.8% over the last week, and increased 11.1% 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 decreased 4.9% over the week, and increased 18.0% since the beginning of the year, after a decrease of 20.1% in 2014.

Corporate Bonds

This week three companies raised US$ 120 million in bond offerings to the public: Menora Mivtachim and Adgar raised US$ 66 million and US$ 35 million, respectively, and Kardan Vehicle raised US$ 19 million in a public offering of commercial paper.

Since the beginning of the year the business sector raised US$ 8.4 billion through bonds to the public and institutional investors on the TASE, these including US$ 8.1 billion through bonds to the public.

Government Bonds

The Ministry of Finance (MoF) did not make any bond offerings this week listed on the TASE.

In the first half of the year, the MoF raised a total of US$ 5.3 billion in bond offerings on the TASE, compared with US$ 14.5 billion for the whole of 2014.

Record turnover in weekly options on the TA-25 index

The trading turnover in weekly options on the TA-25 index, launched in July 2013, reached a record high of 102,665 units on July 1, 2015.

This turnover constituted 48% of the turnover in options on the TA-25 index.

Sector Indices

                      WEEK

                             2015
    TA Tech-Elite    -1.7%   12.5%
    TA Banks         -1.7%   15.8%
    TA Real
    Estate-15         0.3%   11.4%

Foreign Exchange

               WEEK

                      2015
    Dollar/NIS -0.3%  -2.8%
    Euro/NIS   -1.5% -11.4%

Facts & Figures

The Tel-Aviv Stock Exchange features in June 2015:

467 companies listing equities.
630 Exchange Traded Notes.
31 Series of government bonds.
69 Series of Institutional bonds.
593 series of corporate bonds.
1,366 mutual funds.
Market Cap. (US$ billions)
- Equities - 224
- Government bonds - 131
- Corporate bonds - 83