Weekly Review: 24 - 28 November 2013

 
 
24 - 28 November 2013
 
 
Trading on the Tel-Aviv Stock Exchange (TASE) during the last week of November ended up for all leading TASE indices.
EVOGENE- TASE listed biomed company issued shares in U.S. and dual listed  in NYSE
 
 
 
TA-25
The TA-25 index increased 1.0% over the week, bringing year-to-date increase to 14.6%.
 
TA-100
The TA-100 index increased 0.5% over the week, bringing year-to-date increase to 16.2%.
 
TA-Banks
The TA-Banks index increased 2.9% over the week, bringing year-to-date increase to 17.7%.
Dual Company
EVOGENE TASE-listed biomed company raised US $85 million in USA and listed its shares on NYSE.
Currently traded in Tel Aviv 44 companies traded in the U.S. and six companies whose shares are traded in Europe.
 
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 $17.2 billion in public bond offerings as opposed to US $21.3 billion in 2012.
BOI Interest Rates
The Bank of Israel left the November 2013 interest rate unchanged at 1.0%.
Employment          The Central Bureau of Statistics published figures indicating that the unemployment rate for October came to 5.9% as opposed to 6.0% in October and 6.5% on average in
Jan.-Sep 2013.
 
 
 
Sector Indices
 
WEEK
YTD
TA Bluetech-50
0.1%
 4.8%
TA Banks
2.9% 
17.7%
TA Real Estate-15
0.7%
 24.2% 
 
Foreign Exchange
 
WEEK
YTD
Dollar/NIS
-0.7%
-5.3%
Euro/NIS
0.0%
-2.4%
 
 
 
 
 
 
Facts & Figures
The Tel-Aviv Stock Exchange features in October 2013:
·   513 companies listing equities (Ex. ETNs).
·   491 index-tracking products.
·   33 series of government bonds.
·   74 Series of Institutional bonds.
·   617 series of corporate bonds.
·   1,248 mutual funds.
·   Market Cap. (US$ billions)
o    Equities - 189
o    Government bonds – 135
o    Corporate bonds - 90
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.