TA-25
The TA-25 index decreased 0.3% over the week, bringing year-to-date increase to 3.1%.
TA-100
The TA-100 index decreased 0.8% over the week, bringing year-to-date increase to 4.2%.
TA Com
The TA-Com index of communications companies stood out and increased, 2.6% over the week and bringing returns since the beginning of 2013 to 10.2%.
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Government Bonds
This week the Ministry of Finance (MoF) floated US $0.4 billion government bonds in an offering on the local market. From the beginning of 2013 the MoF raised US $8.6 billion in public bond offerings.
Corporate Bonds
Three companies raised US $333 million in public bond offerings this week. Since the beginning of the year the business sector raised US $5.2 billion through bond offerings. Real Estate companies stood out, raising 42% of the total. |
Stock Offerings
Biotechnology company, Kadimastem, focusing on the development and industrial commercialization of products based stem cells, completed an IPO raising US $ 6 million. There are currently 57 biomed firms with a total market cap of US $4.2 billion trading on TASE.
In addition, real estate company, Alony Hetz, issued shares to the public, raising US $66 million.
Since the beginning of the year, the private sector raised US $0.7 billion in equity offerings, 48% of which was raised by real estate companies.
Dual Listings
Biomed company, Kamada, completed an offering in the U.S., raising US $59.4 million. Following the offering, the company listed its shares for the first time on NASDAQ; There are currently 43 TASE-listed companies with shares trading in the U.S. as well. |
