Three Shares Traded on TASE Join Today Israeli Global Hi-Tech Companies Index: TA-BIGITech® Following the update the Index includes 77 Companies with an Aggregate Market Cap of $89 Billion

Press Release
17/12/2017
 

​BlueStar Indexes® announced the semiannual update of the TASE-BlueStar Israel Global Technology Index™ - TA-BIGITechT® - that includes the Israeli, or Israeli-linked hi-tech companies, traded in the Tel-Aviv Stock Exchange (TASE) and/or abroad.

Following the index update that will come into effect, today December 17th, 2017, the index will include 77 companies with an aggregate market cap of approximately $89 billion. 42 of the companies are traded only overseas (in the U.S., London, Australia Singapore and Hong-Kong), 26 companies are dual-listed, and 9 are traded only in the TASE. The total weight of the 35 shares traded on TASE is 40% of the Index.

The semiannual update added nine public companies to the index. One of them is traded only in the TASE: AERONAUTICS; two companies are dual-listed: INTEC PHARMA & POINTER TELOCATION.

The following five companies that were added to the index are traded only in the U.S.: UROGEN PHARMA, FORESCOUT TECHNOLOGIES, RADA ELECTRONICS, MEDIWOUND & GALMED PHARMACEUTICALS. One company is traded in Hong-Kong: SISRAM MEDICAL.  

One company was removed from the index in the semiannual update- AEVI Genomics, which is traded only in the U.S.

Nine of the 77 companies included in the index are surveyed in TASE's Analysis Project for hi-tech companies: RedHill, Pluristem, Foresight, Energix, Bioline, Enlight, Intec Pharma, Pointer & Oramed.
The TA-BIGITech® is the first international index to include Israeli hi-tech companies, which are traded on several markets. It can serve as the underlying benchmark for index certificates and tracking funds in Israel and abroad.

As of this rebalance, at each semi-annual rebalance, the maximum allowable weight of any company in the Index is being reduced from 10% to 7.5%.

In the past few months, the worth of assets tracking the index has risen sharply:
  • The BlueStar TA-BIGITech® Israel Technology ETF – Ticker: ITEQ® - an exchange-traded fund (ETF) traded on NASDAQ - $30.1 million.
  • Read more about ITEQ here:  http://www.iteqetf.com
  • KSM TECH 193 TA-BIGITech® (ISIN IL0011379596) – 114 million NIS.
  • KSM BlueStar TEC (Sec. No 5121132) – 24.3 million NIS.

Attached is the Index composition and shares weights following the December 2017 update.
#
Company Name
Ticker
Index Weight
1
CHECK POINT SOFTWARE
CHKP
7.71%
2
AMDOCS LTD
DOX
7.53%
3
NICE LTD
NICE
7.41%
4
TOWER SEMICONDUCTOR LTD
TSEM
4.63%
5
ELBIT SYSTEMS LTD
ESLT
4.56%
6
MELLANOX TECHNOLOGIES LTD
MLNX
4.23%
7
VERINT SYSTEMS INC
VRNT
3.96%
8
ORMAT TECHNOLOGIES INC
ORA
3.49%
9
ORBOTECH LTD
ORBK
3.41%
10
WIX.COM LTD
WIX
3.36%
11
OPKO HEALTH INC
OPK
2.56%
12
CYBERARK SOFTWARE LTD
CYBR
2.31%
13
NOVOCURE LTD
NVCR
2.16%
14
IMPERVA INC
IMPV
2.07%
15
MAZOR ROBOTICS LTD
MZOR
2.04%
16
SOLAREDGE TECHNOLOGIES INC
SEDG
1.92%
17
STRATASYS LTD
SSYS
1.72%
18
VARONIS SYSTEMS INC
VRNS
1.70%
19
CEVA INC
CEVA
1.63%
20
PLUS500 LTD
PLUS
1.52%
21
888 HOLDINGS PLC
888
1.37%
22
RADWARE LTD
RDWR
1.26%
23
NOVA MEASURING INSTRUMENTS
NVMI
1.25%
24
LIVEPERSON INC
LPSN
1.18%
25
ITURAN LOCATION AND CONTROL
ITRN
1.05%
26
XLMEDIA PLC
XLM
1.00%
27
KORNIT DIGITAL LTD
KRNT
0.86%
28
UROGEN PHARMA LTD
URGN
0.82%
29
SILICOM LTD
SILC
0.79%
30
MATRIX IT LTD
MTRX
0.74%
31
FORMULA SYSTEMS (1985) LTD
FORTY
0.71%
32
HILAN LTD
HLAN
0.66%
33
SAPIENS INTERNATIONAL CORP
SPNS
0.59%
34
DSP GROUP INC
DSPG
0.59%
35
FORESCOUT TECHNOLOGIES INC
FSCT
0.56%
36
MAYTRONICS LTD
MTRN
0.53%
37
FOAMIX PHARMACEUTICALS LTD
FOMX
0.52%
38
RADCOM LTD
RDCM
0.51%
39
MAGIC SOFTWARE ENTERPRISES
MGIC
0.50%
40
TAPTICA INTERNATIONAL LTD
TAP
0.49%
41
AERONAUTICS LTD
ARCS
0.48%
42
SARINE TECHNOLOGIES LTD
SARINE
0.48%
43
TELIT COMMUNICATIONS PLC
TCM
0.48%
44
SAFECHARGE INTERNATIONAL GRO
SCH
0.48%
45
AUDIOCODES LTD
AUDC
0.46%
46
ALLOT COMMUNICATIONS LTD
ALLT
0.46%
47
GILAT SATELLITE NETWORKS LTD
GILT
0.45%
48
ENZYMOTEC LTD
ENZY
0.45%
49
ENLIGHT RENEWABLE ENERGY LTD
ENLT
0.44%
50
SISRAM MEDICAL LTD
1696.HK
0.42%
51
KAMADA LTD
KMDA
0.42%
52
COMPUGEN LTD
CGEN
0.41%
53
INTEC PHARMA LTD
NTEC
0.40%
54
PLURISTEM THERAPEUTICS INC
PSTI
0.40%
55
SKY AND SPACE GLOBAL LTD
SAS
0.39%
56
ENERGIX-RENEWABLE ENERGIES
ENRG
0.39%
57
CERAGON NETWORKS LTD
CRNT
0.37%
58
CAMTEK LTD
CAMT
0.37%
59
ONE SOFTWARE TECHNOLOGIES
ONE
0.37%
60
ATTUNITY LTD
ATTU
0.37%
61
POINTER TELOCATION LTD
PNTR
0.36%
62
GALMED PHARMACEUTICALS LTD
GLMD
0.36%
63
RADA ELECTRONIC INDS LTD
RADA
0.35%
64
BIOLINERX LTD-SPONS ADR
BLRX
0.35%
65
VASCULAR BIOGENICS LTD
VBLT
0.35%
66
MEDIWOUND LTD
MDWD
0.34%
67
REDHILL BIOPHARMA LTD
RDHL
0.33%
68
AROTECH CORP
ARTX
0.33%
69
PROTALIX BIOTHERAPEUTICS INC
PLX
0.33%
70
EVOGENE LTD
EVGN
0.32%
71
MALAM - TEAM LTD
MLTM
0.32%
72
FLUENCE CORP LTD
FLC
0.32%
73
ARAD LTD
ARD
0.32%
74
ORAMED PHARMACEUTICALS INC
ORMP
0.31%
75
MAGAL SECURITY SYS LTD
MAGS
0.31%
76
BRAINSTORM CELL THERAPEUTICS
BCLI
0.30%
77
FORESIGHT AUTONOMOUS HOLDING
FRSX
0.29%
 
TOTAL
 
100.00%