Tel Aviv Stock Exchange Weekly Review: 18-22 May 2014 - 21 News Now, More Local News for Youngstown, Ohio -

Tel Aviv Stock Exchange Weekly Review: 18-22 May 2014

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Tel Aviv Stock Exchange Ltd

TEL AVIV, Israel, May 22, 2014 /PRNewswire/ --

Trading on the Tel Aviv Stock Exchange (TASE) during the third week of May was marked by a mix trend for leading TASE indices. Massive offering in the bond market 

     (Logo: http://photos.prnewswire.com/prnh/20130117/588933 )

TA-25  

The TA-25 index increased 0.8% over the week, bringing year-to-date increase to 4.5%.

TA-100  

The TA-100 index increased 0.5% over the week, bringing year-to-date increase to 3.6%.

TA-Technology 

The TA- Technology increased 1.3% over the week, bringing year-to-date decrease to 3.3%.

TA RealEstate-15 

The TA RealEstate-15 index decreased 1.6% over the week, bringing year-to-date increase to 0.6%.

Corporate Bonds 

The Avner and Delek Drilling gas partnerships completed an offering of US $2 billion, with an over-subscription of US $13.5 billion, by institutional investors.

US $650 million was raised from Israeli investors and the rest from investors abroad. Trading started in the bonds of the new company Delek Tamar on the "TACT-Institutional" system.

In addition, the Ravad real-estate company issued bonds to the public of US $20 million.

Since the beginning of the year the business sector raised US $6 billion through bond offerings of which US $3.3 billion on the "TACT Institutional" system, after raising US $10.1 billion for the whole of 2013.

Government Bonds 

This week the Ministry of Finance (MoF) made a public bond offering listed on the TASE amounting to US $0.3 billion.

Since the beginning of the year the MoF raised US $6.4 billion in bond offerings on the Tel-Aviv Stock Exchange, after raising US $18.2 billion for the whole of 2013.

ETN Offerings 

One new ETN on a US share index was issued this week. . Currently there are 565 ETNs traded on the TASE.

Growth Rate 

The Central Bureau of Statistics released figures indicating that GDP growth came to 2.1% in the first quarter of 2014 on an annual basis. This follows an increase of 2.9% and 1.9% in the fourth and third quarter of 2013, respectively.

CPI Index 

Figures released by the Central Bureau of Statistics indicate that in April 2014 the Consumer Price Index increased 0.1%, a total decrease of 0.4% for the first third of 2014, following an increase of 1.8% for the whole of 2013.

Sector Indices


                         Week      2014
    TA Bluetech-50      -0.1%     -5.4%
    TA Banks             0.0%     -0.4%
    TA Real Estate-15   -1.6%      0.6%

Foreign Exchange


                        WEEK       2014
    Dollar/NIS          0.8%       0.5%
    Euro/NIS            0.4%      -0.3%

Facts & Figures 

The Tel-Aviv Stock Exchange features in April 2014:

  • 485 companies listing equities.
  • 562 Exchange Traded Notes.
  • 34 series of government bonds.
  • 72 Series of Institutional bonds.
  • 593 series of corporate bonds.
  • 1,273 mutual funds.
  • Market Cap. (US$ billions)
    • Equities - 214
    • Government bonds - 142

Corporate bonds - 90

AboutTASE 

Established in September 1935, the Tel-Aviv Stock Exchange is Israel's sole securities exchange, offering an increasingly sophisticated range of products to investors, including equity, corporate bonds, treasury bills and notes, index products and derivatives.

International  

In recent years, TASE has enhanced its international presence, signing Memoranda of Understanding with the London Stock Exchange, NASDAQ, NYSE-Euronext the Shanghai Stock Exchange, and Toronto Stock Exchange

For more information please contact: Idit Yaaron or Orna Goren, TASE, +972(3)5677-405/6

Visit the Tel Aviv Stock Exchange's Website: http://www.tase.co.il

©2012 PR Newswire. All Rights Reserved.

  • More From wfmj.comMore>>

  • Fired band director says he fixing vulgar culture

    Fired band director says he fixing vulgar culture

    Thursday, July 31 2014 9:34 PM EDT2014-08-01 01:34:18 GMT
    The fired Ohio State University marching band director says he was working to change its sexualized culture when he was dismissed.More >>
    The fired Ohio State University marching band director says he was working to change its sexualized culture when he was dismissed.
    More >>
  • Ohio theme park tries to top shaved-heads record

    Ohio theme park tries to top shaved-heads record

    Thursday, July 31 2014 9:27 PM EDT2014-08-01 01:27:36 GMT
    MASON, Ohio (AP) - A southwestern Ohio amusement park will try to top a Guinness record for the most heads shaved simultaneously to help raise awareness and money to fight cancer. Kings Island says more than 200 hair stylists from Great Clips salons in Cincinnati, Dayton, Columbus, Cleveland, Lima and Toledo will shave heads Friday at the park north of Cincinnati. The Guinness World Records website says the current record at 182 heads shaved simultaneously was achieved by Cancer Council ACT-...More >>
    MASON, Ohio (AP) - A southwestern Ohio amusement park will try to top a Guinness record for the most heads shaved simultaneously to help raise awareness and money to fight cancer. Kings Island says more than 200 hair stylists from Great Clips salons in Cincinnati, Dayton, Columbus, Cleveland, Lima and Toledo will shave heads Friday at the park north of Cincinnati. The Guinness World Records website says the current record at 182 heads shaved simultaneously was achieved by Cancer Council ACT-...More >>
  • Hundreds of pet rats rescued from Ohio apartment

    Hundreds of pet rats rescued from Ohio apartment

    Thursday, July 31 2014 9:23 PM EDT2014-08-01 01:23:19 GMT
    KETTERING, Ohio (AP) - Humane Society workers have rescued hundreds of pet rats from an apartment in suburban Dayton apparently left after the renter was evicted. The Humane Society of Greater Dayton found as many as 300 so-called "fancy" or "pocket" pet rats in the studio apartment in Kettering after responding to a complaint Thursday morning. Humane Society official Sheila Marquis tells the Dayton Daily News the animals make great pets for children but breed rapidly if they aren't spayed a...More >>
    KETTERING, Ohio (AP) - Humane Society workers have rescued hundreds of pet rats from an apartment in suburban Dayton apparently left after the renter was evicted. The Humane Society of Greater Dayton found as many as 300 so-called "fancy" or "pocket" pet rats in the studio apartment in Kettering after responding to a complaint Thursday morning. Humane Society official Sheila Marquis tells the Dayton Daily News the animals make great pets for children but breed rapidly if they aren't spayed a...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms