Weekly Review: 28 April - 2 May 2013

 
 
28 April - 2 May 2013
 
 
 
Trading on the Tel-Aviv Stock Exchange (TASE) during the last week was marked by a mix trend in leading TASE indices.
 
 
                                      
TA-25
The TA-25 index did not change over the week, bringing year-to-date increase to 1.6%.
 
 
TA-100
The TA-100 index increased 0.2% over the week, bringing year-to-date increase to 3.0%.
 
 
 TA MidCap-50
The TAMidCap-50 index increased 2.6% over the week bringing returns since the beginning of 2013 to 16.9%.
Government Bonds
This week the Ministry of Finance (MoF) floated US $0.5 billion government bonds in an offering on the local market.  From the beginning of 2013 the MoF raised US $6.3 billion in public bond offerings.
 
 
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 raised US $3.5 billion through bond offerings. Real Estate companies stood out, raising 40% of the total.
Unemployment
Central Bureau of Statistics published that the unemployment rate decreased from 6.8% in the last quarter of 2012
To 6.5% in the first quarter of 2013.
 
In addition, the unemployment rate decreased to 6.5% in March, after reaching 6.6% in February.
 
 
Sector Indices
 
WEEK
YTD 2013
TA Bluetech-50
-0.8%
-4.0%
TA Banks
2.5%
  1.5%
TA Real Estate-15
2.9%
   12.0% 
 
Foreign Exchange
 
WEEK
YTD
2013
Dollar/NIS
-0.8%
-4.3%
Euro/NIS
0.2%
-4.3%
 
 
 
 
 
 
Facts & Figures
The Tel-Aviv Stock Exchange features in April 2013:
·   525 companies listing equities (Ex. ETNs).
·   448 index-tracking products.
·   34 series of government bonds.
·   84 Series of Institutional bonds.
·   645 series of corporate bonds.
·   1,285 mutual funds.
·   Market Cap. (US$ billions)
o    Equities - 174
o    Government bonds – 130
o    Corporate bonds - 104
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.