25 – 29 January 2015 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
Corporate Bonds
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.
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.
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.
Government Bonds
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.
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 $14.5 billion in bond offerings on the TASE.
Sector Indices WEEK
TA Tech-Elite TA Banks TA Real Estate-15
2.4% -0.8% 1.5%
TASE launches Options and Futures Contracts on the TA-100 Index On Thursday, January 29, 2015, trading commenced in options and futures contracts on the TA100 Index. The derivatives on the TA-100 Index join existing derivatives on several underlying assets: TA-25 Index, TA-Banks Index, the Shekel-Dollar exchange rate, the Shekel-Euro exchange rate, and 10 shares out of the TA-25 Index.
BOI Interest Rate The Bank of Israel left the interest rate unchanged at 0.25% for February 2015.
Foreign Exchange
2015 2.1% -2.2% 3.2%
WEEK
Dollar/NIS Euro/NIS
-0.9% -0.5%
2015 1.0% -6.0%
Facts & Figures
About TASE
International
The Tel-Aviv Stock Exchange
Established in September
In recent years, TASE has
features in December 2014: 473 companies listing equities. 591 Exchange Traded Notes. 31 series of government bonds. 75 Series of Institutional bonds. 600 series of corporate bonds. 1,330 mutual funds. Market Cap. (US$ billions) o Equities - 201 o Government bonds – 128 o Corporate bonds - 80
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.
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 (076) 061868501 Visit the Tel Aviv Stock Exchange's Website: www.tase.co.il