Weekly Review: 10 - 14 November 2013

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10 - 14 November 2013
 
 
Trading on the Tel-Aviv Stock Exchange (TASE) during the second week of November was marked by a mix trend  in leading TASE indices.
 
 
 
TA-25
The TA-25 index increased 0.4% over the week, bringing year-to-date increase to 11.0%.
 
TA-100
The TA-100 index increased 0.5% over the week, bringing year-to-date increase to 13.7%.
 
TA-Insurance
The TA-Insurance index increased 3.4% over the week, bringing year-to-date increase to 32%.
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 $16.4 billion in public bond offerings as opposed to US $21.3 billion in 2012.
Fiscal Deficit
The Ministry of Finance released figures this week indicating that Israel’s fiscal deficit in October came to NIS 4.6 billion and since the beginning of the year came to NIS 18.6 billion, as opposed to NIS 23.2 billion during the equivalent period last year.
 
 
 
Sector Indices
 
WEEK
YTD
TA Bluetech-50
-0.3%
5.1%
TA Banks
0.0% 
12.2%
TA Real Estate-15
 -0.5%
 24.6% 
 
Foreign Exchange
 
WEEK
YTD
Dollar/NIS
-0.1%
-5.4%
Euro/NIS
0.1%
-3.6%
 
 
 
 
 
 
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.