Weekly Review: 10 - 14 February 2013

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10-14 February 2013
 
 
 
Trading on the Tel-Aviv Stock Exchange (TASE) during the second week of February ended in mixed trend for leading TASE's indices.
First ETNs on the Tel Bond indices launched last year were debuted.
 
 
           
TA-25
The TA-25 index increased 0.8% over the week, bringing year-to-date increase to 3.0%.
 
TA-100
The TA-100 index increased 0.6% over the week, bringing year-to-date increase to 3.6%.
Government Bonds
The Government of Israel floated US $0.4 billion bonds on the local market this past week bringing the year-to-date total of government bond issues to US $2.4 billion.
 
Corporate 
Bonds
Two companies raised US $65 million in public bond offerings. Since the beginning of the year the business sector raised US $2 billion by bonds
ETN Offerings
Two ETNs were issued for the first time on each of the two Tel Bond indices launched in February 2012:
·       The Tel-Bond CPI-linked index, which includes all big non-government bonds linked to Israel's CPI index.
·      The Tel-Bond CPI-linked SmallCap index, which includes all big CPI-linked non-government bonds that are not constituents of the Tel-Bond 60 index.
 
 
Sector Indices
 
WEEK
YTD 2013
TA Bluetech-50
-2.5%
0.1%
TA Banks
-0.3%    
3.3%
TA Real Estate-15
-0.1%
5.1%
 
Foreign Exchange
 
WEEK
YTD
2013
Dollar/NIS
-0.4%
-1.4%
Euro/NIS
-1.0%
-1.1%
 
 
 
 
 
 
Facts & Figures
The Tel-Aviv Stock Exchange features in January 2013:
·   533 companies listing equities.
·   440 index-tracking products.
·   34 series of government bonds.
·   642 series of corporate bonds.
·   1,290 mutual funds.
·   Market Cap. (US$ billions)
o    Equities - 163
o    Government bonds – 122
o    Corporate bonds - 99
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.