Trading on the Tel-Aviv Stock Exchange (TASE) during the first week of February ended higher for all leading TASE's indices.
TA-25
- The TA-25 index increased 2.8% over the week, bringing year-to-date increase to 2.1%.
TA-100
- The TA-100 index increased 3.3% over the week, bringing year-to-date increase to 3.1%.
TA-Insurance
- The TA-Insurance index stood out and increased 8.1% over the week, bringing return since the beginning of the year to 4.8%.
Government Bonds
- The Government of Israel floated US $0.4 billion bonds on the local market this past week bringing the year-to-date total of government bond issues to US $2.0 billion.
Foreign Investors
- Figures released by the Bank of Israel indicate that in January 2013 foreign investors acquired a net US $300 million each shares and government bonds. This follows 2012 during which net investment in TASE-traded shares came to US $430 million and net liquidation of government bond investments amounted to US$ 230 million.
Corporate Bonds
- Two companies raised US $135 million in public bond offerings. Since the beginning of the year the business sector raised US $1.9 billion by bonds.
Unemployment
- Figures released by the Central Bureau of Statistics indicate that the unemployment rate increased from 6.8% in November 2012 to 6.9% in December. On average the unemployment rate in 2012 came to 6.9% as opposed to 6.5% in 2011.
Sector Indices
|
WEEK |
YTD 2013 |
TA Bluetech-50 |
2.4% |
2.7% |
TA Banks |
5.3% |
3.6% |
TA Real Estate-15 |
3.2% |
5.2% |
Foreign Exchange
|
WEEK |
YTD 2013 |
Dollar/NIS |
0.1% |
-1.2% |
Euro/NIS |
-0.5% |
1.7% |
|
|
|
Facts & Figures
The Tel-Aviv Stock Exchange features in January 2013:
- 533 companies listing equities.
- 440 index-tracking products.
- 34 series of government bonds.
- 642 series of corporate bonds.
- 1,290 mutual funds.
- Market Cap. (US$ billions)
- Equities - 163
- Government bonds – 122
- Corporate bonds – 99