TA-25
The TA-25 index increased 1.7% over the week, bringing year-to-date increase to 10.5%.
TA-100
The TA-100 index decreased 2.1% over the week, bringing year-to-date increase to 13.1%.
TA- Com
The TA-Com index of communications companies stood out and increased 4.4% over the week and bringing returns since the beginning of 2013 to 54%.
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Share Offerings
Three companies raised US $ 24 million 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.
Corporate Bonds
Four real estate companies, led by Ashtrom Properties, completed public bond offerings this week, in which a total of US $102 million was raised.
Since the beginning of the year the business sector has raised US $8.7 billion through bond offerings, as opposed to $10.3 billion in 2012. Real estate companies stood out, raising 47% of the total.
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 $16 billion in public bond offerings as opposed to US $21.3 billion in 2012. |
Foreign Investors
The Bank of Israel released figures this week indicating that foreign investors acquired a net US $120 million in TASE-listed shares in September, bringing total acquisitions since the beginning of 2013 to US $1.3 billion. This follows a net in share purchases of US $410 million in 2012.
In addition, foreign investors redeemed government bond holdings (3-year “Shahar” bonds) for a total of US $1.5 billion in September. Total foreign investor liquidation of government bond holdings since the beginning of 2013 came to US $2.3 billion.
Foreign investors also liquidated a net US $310 million in MAKAM T-bill holdings since the beginning of the year. |
