Tel-Aviv Stock Exchange Weekly Review 3-7 March 2013

TEL AVIV, Israel, March 7, 2013 /PRNewswire/ --

TA-25

The TA-25 index increased 0.4% over the week, bringing year-to-date increase to 3.5%.

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

TA-100

The TA-100 index increased 0.5% over the week, bringing year-to-date increase to 4.5%.

TA-Biomed

The TA-Biomed index stood out and increased 1.6% over the week and bringing return since the beginning of the year to 10.3%.

Government Bonds

This week the Ministry of Finance floated US $0.4 billion government bonds in an offering on the local market. Since the beginning of the year, the Israeli government has raised US $3.7 billion from public bond offerings.

Corporate Bonds

Three companies raised US $120 million in public bond offerings.

Most of the sum, US $92 million, was raised by the foreign real-estate Zarasai Group,. in its first public bond offering. Since the beginning of the year the business sector has raised US $2.5 billion through corporate bond offerings.

Foreign Investors

The Bank of Israel released figures indicating that foreign investors invested a net US $340 million and US $200 million in TASE-traded shares and government bonds, respectively. This follows a net investment of US$ 430 million in shares and net divestment of US $230 million in bonds in 2012.

Preliminary figures for February indicate a continuation of this trend with a net investment of US $270 million in government bonds and US $90 million in shares.

Unemployment

The Central Bureau of Statistics released January employment figures indicating that unemployment decreased from 6.8% in December 2012 to 6.5% in January 2013.

Sector Indices

                     WEEK  YTD 2013
    TA Bluetech-50    0.3%   0.6%
    TA Banks         -1.0%   2.6%
    TA Real
    Estate-15        -0.1%   6.6%

Foreign Exchange

                      YTD

               WEEK   2013
    Dollar/NIS 0.0%  -0.3%
    Euro/NIS   -0.4% -1.4%

Facts & Figures

The Tel-Aviv Stock Exchange features in February 2013:

• 529 companies listing equities (Ex. ETNs).
• 441 index-tracking products.
• 35 series of government bonds.
• 88 Series of Institutional bonds.
• 647 series of corporate bonds.
• 1,294 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 169
  • Government bonds - 124

Corporate bonds - 100

 

About TASE

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

SOURCE Tel Aviv Stock Exchange Ltd