Tel Aviv Stock Exchange Trading Summary: October 6 - 15, 2015

TEL AVIV, Israel, October 15, 2015 /PRNewswire/ --

- Trading on the Tel Aviv Stock Exchange (TASE) during the first two weeks of October was marked by price increases in most of the leading stock indices;  

- Massive offerings in the bond market ; 

- Foreign real estate company "Copperline" made an initial bond offering ; 

- Record daily trading volume in bonds.  

(Logo: http://photos.prnewswire.com/prnh/20130117/588933 )

TA-25 index 

The TA-25 index increased 2.6% over the last two weeks and increased 4.2% since the beginning of the year, after an increase of 10.2% for the whole of 2014.

TA-100 index  

The TA-100 index increased 2.4% over the last two weeks, and increased 3.3% since the beginning of the year, after an increase of 6.7% for the whole of 2014.

TA Com 

The TA Com index increased 10.1% over the last two weeks and increased 13.4% since the beginning of the year, after an increase of 10.4% for the whole of 2014.

Government Bonds 

The Ministry of Finance (MoF) made two bond offerings listed on the TASE, amounting to US$ 0.4 billion.

Since the beginning of the year, the MoF raised a total of US$ 8 billion in bond offerings on the TASE.

Corporate Bonds  

The foreign real estate company Copperline Americas raised US$ 88 million in an initial offering of bonds on the TASE.

In addition, four companies raised US$ 880 million in bond offerings to the public. The largest of the offerings were by Bank Mizrahi Tefahot - US$ 335 million, and telecommunications companies Space-Communications and Bezeq for US$ 260 million and US$ 207 million, respectively.  

Since the beginning of the year, the business sector raised US$ 12.7 billion through bonds on the TASE.

Share Offerings 

There was one rights issue amounting to US$ 0.4 million by the oil and gas company Eden Energy.

The bio-med company Can-Fite, whose shares are traded also on the NYSE MARKET, raised US$ 5 million from the public in the US.

Since the beginning of the year, the business sector has raised US$ 0.9 billion through shares on the TASE.

Record trading volume in bonds 

On Wednesday, prior to the semi-annual update of the TA-Tel-Bonds indices, a record trading volume in bonds was recorded of US $ 2.9 billion, of which US $ 2.2 billion in corporate bonds.

Foreign Investors 

The Bank of Israel released figures this week indicating that foreign investors acquired a net US $30 million in shares listed on the TASE in August, with net acquisitions totaling US $1.5 billion since the beginning of 2015.

In addition, in August, foreign investors acquired a net US$ 200 million in government bonds, with net acquisitions of bonds totaling US$ 280 million since the beginning of 2015.

Foreign investors acquired US$ 260 million in Israeli T-bills in August, with net disposals totaling US $350 million since the beginning of 2015.

Sector Indices

   
                     2 WEEKS    2015
    TA Tech-Elite       1.9%    2.0%
    TA Banks            2.1%   11.7%
    TA Real
    Estate-15           0.4%    8.5%

Foreign Exchange

   
               2 WEEKS   2015
    Dollar/NIS   -2.6%  -1.7%
    Euro/NIS     -0.3%  -7.5%

Facts & Figures 

The Tel-Aviv Stock Exchange features in September 2015:

• 461 companies listing equities.
• 640 Exchange Traded Notes.
• 32 series of government bonds.
• 65 Series of Institutional bonds.
• 597 series of corporate bonds.
• 1,370 mutual funds.
• Market Cap. (US$ billions)
  • Equities - 202
  • Government bonds - 127
  • Corporate bonds - 82

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.

For more information please contact: 

Idit Yaaron or Orna Goren, TASE, +972(076)8160405/6

Visit the Tel Aviv Stock Exchange's Website: http://www.tase.co.il

SOURCE Tel Aviv Stock Exchange (TASE)