The TA-25 index decreased 0.8% over the week, bringing year-to-date increase to 8.5%.
The TA-100 index decreased 0.6% over the week, bringing year-to-date increase to 11.1%.
TA-Oil & Gas
The TA-Oil & Gas index increased 3.2% over the week, bringing year-to-date increase to 11%.
The TA-Biomed index decreased 5.5% over the week, bringing year-to-date increase to 33%.
Three companies raised US $28 million this week in public share offerings.
Since the beginning of the year the business sector has raised US $1.4 billion through share offerings, as opposed to US $0.9 billion in 2012.
Four public corporate bond offerings were completed this week in which a total US $150 million was raised, of which US $120 million was raised by real estate companies.
Since the beginning of the year the business sector has raised US $8.1 billion through bond offerings, as opposed to $10.3 billion in 2012
Real estate companies stood out, raising 44% of the total.
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 $15.2 billion in public bond offerings as opposed to US $21.3 billion in 2012.
Cleantech company, Ellomay Capital, whose shares are traded on NYSE is dual listing its shares on TASE starting October 27, 2013.
The company operates in the field of alternative energy and is expected to be included in TASE’s MidCap-50, BlueTech-50 and Technology share price indices.
Nine new ETN series on foreign share price indices were issued this week.
Composite State-of-the-Economy Index
Figures released by the Bank of Israel indicate that in September the Composite State-of-the-Economy index rose 0.3%. The acceleration in the pace of index increase of in past months reflects modest yet steady growth.