TA-25
The TA-25 index decreased 1.7% over the week, bringing year-to-date increase to 1.9%.
TA-100
The TA-100 index decreased 1.1% over the week, bringing year-to-date increase to 4.7%.
TA- Com
The TA-Com index stood out and increased 6.3% over the week and bringing returns since the beginning of 2013 to 34%.
|
Share Offerings
Internet company, Somoto, completed an IPO on TASE this week, raising US $6 million.
Since the beginning of the year the business sector has raised US $1.1 billion through share offerings, as opposed to US $0.9 billion in 2012.
Corporate Bonds
Two real estate companies raised US $60 million in public bond offerings this week.
Since the beginning of the year the business sector has raised US $5.9 billion through bond offerings. Real estate companies stood out, raising 43% 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 $11.2 billion in public bond offerings as opposed to US $21.3 billion in 2012.
|
BOI Interest Rates
The Bank of Israel left the August 2013 interest rate unchanged at 1.25%, three months in a row
Employment
Figures released by the Central Bureau of Statistics indicate that the rate of unemployment in June remained unchanged for the third straight month at 6.9, as opposed to 6.6% in the first quarter of the year.
|