Weekly Review: 13 - 17 October 2013


 
 
13 - 17 October 2013
 
 
Trading on TASE during the third week of October was marked by mixed trend in trading.
 
 
 
TA-25
The TA-25 index increased 0.3% over the week, bringing year-to-date increase to 9.4%.
 
TA-100
The TA-100 index increased 0.4% over the week, bringing year-to-date increase to 11.7%.
 
TA-Biomes
The TA-Biomed index increased 5.0% over the week, bringing year-to-date increase to 40.3%.
 
TA-Oil & Gas
The TA-Oil & Gas index decreased 6.3% over the week, bringing year-to-date increase to 7.1%.
Corporate Bonds
This week a total of US $8 million was raised in public corporate bond offerings.
 
Since the beginning of the year the private sector has raised US $7.8 billion debt in corporate bond offerings, as opposed to US $10.3 for the entire 2012 year. Real estate companies stand out, accounting for 44% of the total raised.
 
Government  Bonds
The Ministry of Finance floated US $0.4 billion government bonds this week.
 
Since the beginning of the year, US $14.8 billion has been raised in government bond auctions, as opposed to US $21.3 billion during the entire 2012 year.
Consumer Price Index
Figures released by the Central Bureau of Statistics indicate that the September Consumer Price Index (CPI) remained unchanged. Since the beginning of the year the CPI has risen 1.8%, slightly more than its increase in the entire 2012 year.
 
Growth Rate
The Central Bureau of Statistics released estimates this week projecting that the 2013 growth rate is anticipated to come to 3.4%, similar to that of 2012 and in contrast to the 4.6% growth rate recorded in 2011.
 
 
Sector Indices
 
WEEK
YTD
TA Bluetech-50
2.5%
9.8%
TA Banks
    0%
9.1%
TA Real Estate-15
-0.8%
 20.6% 
 
Foreign Exchange
 
WEEK
YTD
Dollar/NIS
 - 0.3%
-5.3%
Euro/NIS
   0.2%
-2.0%
 
 
 
 
 
 
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.