Weekly Review: 4 - 8 November 2012

4-8 November 2012

Trading during the first week of November ended with declines in most leading TASE indices.

TA-25

The TA-25 index was off 0.7% over the week, bringing year-to-date returns to 11.6%.

TA-100

The TA-100 index lost 1.0% over the week, bringing year-to-date returns to 9.6%.

Government Bonds

The Government of Israel floated US $400 million bonds on the local market this past week, bringing the year-to-date total of government bond issues to US $18.8 billion, as opposed to US $18 billion for the entire 2011 year.

Foreign Investors

Figures released by the Bank of Israel indicate that foreign residents purchased a net US $60 million  of TASE-listed shares in September and a total of   US $ 0.7 billion since the beginning of 2012.

In addition, they invested a net US $110 million in Israel government bonds in September, following net sales of U.S. $1.2 billion since the beginning of the year.

Sector Indices

Foreign Exchange

Facts & Figures

The Tel-Aviv Stock Exchange features in October 2012:

·   555 companies listing equities.

·   440 index-tracking products.

·   33 series of government bonds.

·   640 series of corporate bonds.

·   1,282 mutual funds.

·   Market Cap. (US$ billions)

o    Equities - 161

o    Government bonds – 114

o    Corporate bonds - 92

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.