Weekly Review: 29 September - 3 October 2013

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29 September - 3 October 2013
 
 
Trading on TASE during the last week was mearked by a mixed trend  for share price indices.
 
 
 
TA-25
The TA-25 index increased 0.1% over the week, bringing year-to-date increase to 6.1%.
 
TA-100
The TA-100 index increased 0.1% over the week, bringing year-to-date increase to 8.4%.
 
TA-Biomed
The TA-Biomed index stood out in increased 4.5% over the week, bringing year-to-date increase to 31%.
Government Bonds
This week the Ministry of Finance (MoF) floated US $0.4 billion government bonds in an offering on the local market. 
Since the beginning of 2013 the MoF raised US $14.1 billion in public bond offerings as opposed to US $21.3 billion in 2012.
 
ETNs
This week two new series of ETNs on the U.S. stock indices were issued. These certificates added to 12 new ETNs issued in September.
 
Employment          The Central Bureau of Statistics published figures indicating that the unemployment rate for August came to 6.1% as opposed to 6.2% in July and 6.7% on average in the first half of 2013.
Credit Rating
Credit rating agency S&P affirmed the rating of the State of Israel in foreign currency (+A) and (A-1) in local currency.
 
 
Sector Indices
 
WEEK
YTD
TA Bluetech-50
2.1%
6.3%
TA Banks
   0.8%
7.0%
TA Real Estate-15
-1.5%
 17.6% 
 
Foreign Exchange
 
WEEK
YTD
Dollar/NIS
  -1.0%
-5.3%
Euro/NIS
   -0.2%
-2.2%
 
 
 
 
 
 
Facts & Figures
The Tel-Aviv Stock Exchange features in September 2013:
·   514 companies listing equities (Ex. ETNs).
·   476 index-tracking products.
·   33 series of government bonds.
·   74 Series of Institutional bonds.
·   615 series of corporate bonds.
·   1,242 mutual funds.
·   Market Cap. (US$ billions)
o    Equities - 184
o    Government bonds – 134
o    Corporate bonds - 89
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.