|By PR Newswire||
|February 27, 2014 11:56 AM EST||
TEL AVIV, Israel, February 27, 2014 /PRNewswire/ --
The TA-25 index increased 2.0% over the week, bringing year-to-date increase to 1.6%.
The TA-100 index increased 2.5% over the week, bringing year-to-date increase to 4.0%.
The TA-Insurance index increased 4.7% over the week, bringing year-to-date decrease to 1.5%.
The TA-Com index decreased 1.6% over the week, bringing year-to-date decrease to 3.5%.
This week two companies made bond offerings amounting to US 180 million.
Since the beginning of the year the business sector raised US $2.3 billion through bonds, of which US $0.8 billion on the "TACT Institutional" system.
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 $2.7 billion.
5 new ETNs were issued this week on foreign share indices, of which 4 were currency-neutral certificates.
BOI Interest Rate
The Bank of Israel lowered the interest rate by a quarter of a percent to 0.75% for March 2014. This decrease in the interest rate is after five months during which interest remained unchanged.
The Central Bureau of Statistics released figures indicating that the unemployment rate in January remained unchanged at the level of 5.9% for the previous month, and lower than the average for 2013 of 6.3%.
WEEK 2014 TA Bluetech-50 3.7% 8.4% TA Banks 2.2% -4.2% TA Real Estate-15 3.2% 1.4%
WEEK 2014 Dollar/NIS 0.2% 1.3% Euro/NIS -0.2% 0.4%
Facts & Figures
The Tel-Aviv Stock Exchange features in January 2014:
- 495 companies listing equities.
- 537 Exchange Traded Notes.
- 34 series of government bonds.
- 71 Series of Institutional bonds.
- 606 series of corporate bonds.
- 1,271 mutual funds.
- Market Cap. (US$ billions)
- Equities - 204
- Government bonds - 137
- Corporate bonds - 88
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.
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
SOURCE Tel Aviv Stock Exchange Ltd