The TA-25 index increased 0.8% over the week, bringing year-to-date increase to 12.5%.
The TA-100 index increased 1.1% over the week, bringing year-to-date increase to 15.2%.
The TA- Technology index increased 3.9% over the week, bringing year-to-date increase to 6.6%.
BAZAN-Oil Refineries raised US $150 million in a rights offering to existing shareholders.
Since the beginning of the year the business sector has raised US $1.7 billion through share offerings, as opposed to US $0.9 billion in 2012.
Three public bond offerings were completed this week, raising a total of US $165 million.
Since the beginning of the year the business sector raised US $9.8 billion in corporate bond offerings, as opposed to US $10.3 billion in the entire 2012 year. Real estate companies stand out, accounting for 47% of this sum.
This week the Ministry of Finance (MoF) floated US $0.2 billion government bonds in an offering on the local market.
Since the beginning of 2013 the MoF raised US $18.2 billion in public bond offerings as opposed to US $21.3 billion in 2012.
The Bank of Israel kept the interest rate for January 2014 unchanged at 1% for the fourth consecutive month.
Composite State-of-the-Economy Index
The Bank of Israel released figures indicating that the Composite State-of-the-Economy index increased 0.2% in November,
Economic Growth Forecast
The Bank of Israel released its macroeconomic forecast which estimates a GDP growth of 3.5% in 2013, and project 3.3% and 3.2% growth for the years 2014 and 2015 respectively.