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SOURCE Tel Aviv Stock Exchange Ltd
TEL AVIV, Israel, June 12, 2014 /PRNewswire/ --
Trading on the Tel Aviv Stock Exchange (TASE) during the second week of June was marked by a mix trend in the leading share indices
Continued offerings in the bond market
The TA-25 index decreased 0.2% over the week, bringing year-to-date increase to 5.1%.
The TA-100 index decreased 0.1% over the week, bringing year-to-date increase to 4.2%.
The TA MidCap-50 increased 1.9% over the week, bringing year-to-date increase to 4.3%.
Two companies made bond offerings amounting to US $90 million.
Since the beginning of the year the business sector raised US $7.4 billion through bond offerings of which US $3.3 billion on the "TACT Institutional" system, after raising US $10.1 billion for the whole of 2013.
The Ministry of Finance (MoF) made a public bond offering listed on the TASE amounting to US $0.4 billion.
Since the beginning of the year the MoF raised US $7.1 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.
4 new ETNs were issued this week - 2 compound certificates on domestic bond indices and international share indices, and 2 compound certificates on international share indices.
Currently there are 571 ETNs traded on the TASE.
The Bank of Israel released figures this week indicating that foreign investors acquired a net US $90 million in TASE-listed shares in April, following the acquisition of shares amounting to US $180 million in the first quarter of 2014, and a net total of US $1.5 billion for the whole of 2013.
In addition, foreign investors acquired a net US $190 million of Israel government bonds in April, following the acquisition of a net US $30 million of Israel government bonds in the first quarter of 2014.
Week 2014 TA Bluetech-50 0.1% -3.7% TA Banks -2.1% -1.2% TA Real Estate-15 0.7% 2.8%
WEEK 2014 Dollar/NIS -0.1% -0.3% Euro/NIS -1.0% -2.1%
Facts & Figures
The Tel-Aviv Stock Exchange features in May 2014:
Corporate bonds - 91
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.
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
For more information please contact:
Idit Yaaron or Orna Goren, TASE, +972(3)5677-405/6
Visit the Tel Aviv Stock Exchange's Website: http://www.tase.co.il
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