Trading on the Tel Aviv Stock Exchange (TASE) during the last week of January was characterized by a mix trend in all the leading share indices; TA- Oil and gas Index made notable increase of 6.0%; Trading commences in derivatives on the TA-100 Index
TA-25
The TA-25 index decreased 0.5% over the week and decreased 1.2% since the beginning of the year, after an increase of 10.2% for the whole of 2014.
TA-100
The TA-100 index decreased 0.1% over the week and decreased 1.5% 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 6.0% over the week and decreased 0.3% since the beginning of the year, after decrease of 20.1% for the whole of 2014.
Corporate Bonds
This week there were three bond offerings by the business sector amounting to US $312 million. The largest offering was made by the Gazit Globe real estate company amounting to US $200 million.
Since the beginning of the year, the business sector raised US $0.8 billion through bond offerings on the TASE.
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 listed on the Tel-Aviv Stock Exchange this week amounting to US $0.2 billion, and since the beginning of the year the MoF raised US $1 billion.
In 2014 the MoF raised US $14.5 billion in bond offerings on the TASE.
TASE launches Options and Futures Contracts on the TA-100 Index
On Thursday, January 29, 2015, trading commenced in options and futures contracts on the TA-100 Index.
The derivatives on the TA-100 Index join existing derivatives on several underlying assets: TA-25 Index, TA-Banks Index, the Shekel-Dollar exchange rate, the Shekel-Euro exchange rate, and 10 shares out of the TA-25 Index.
BOI Interest Rate
The Bank of Israel left the interest rate unchanged at 0.25% for February 2015.
Sector Indices
|
WEEK |
2015 |
TA Bluetech |
2.4% |
2.1% |
TA Banks |
-0.8% |
-2.2% |
TA Real Estate-15 |
1.5% |
3.2% |
Foreign Exchange
|
WEEK |
2015 |
Dollar/NIS |
-0.9% |
1.0% |
Euro/NIS |
-0.5% |
-6.0% |
|
|
|
Facts & Figures
The Tel-Aviv Stock Exchange features in December 2014:
- 473 companies listing equities.
- 591 Exchange Traded Notes.
- 31 series of government bonds.
- 75 Series of Institutional bonds.
- 600 series of corporate bonds.
- 1,330 mutual funds.
- Market Cap. (US$ billions)
o Equities - 201
o Government bonds – 128
o Corporate bonds – 80