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SOURCE Tel Aviv Stock Exchange Ltd
Trading on the Tel Aviv Stock Exchange (TASE) during the fourth week of June ended down for most leading share indices; Continued offerings in bond and equity markets
TEL AVIV, Israel, June 26, 2014 /PRNewswire/ --
The TA-25 index decreased 1.4% over the week, bringing year-to-date increase to 4.1%.
The TA-100 index decreased 1.4% over the week, bringing year-to-date increase to 3.4%.
The TA-Com increased 0.7% over the week, bringing year-to-date increase to 5.4%.
A real estate company raised this week US $18 million in a convertible bond offering.
Since the beginning of the year the business sector raised US $1.3 billion through share offerings, after raising US $1.7 billion for the whole of 2013.
Six companies made bond offerings amounting to US $180 million. Since the beginning of the year the business sector raised US $8.3 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 $7.9 billion in bond offerings on the TASE, after raising US $18.2 billion for the whole of 2013.
Eight new ETNs were issued this week - including the first four ETNs on the Tel Bond-Composite, a bond index launched on the TASE in March 2014.
BOI Interest Rate
The Bank of Israel kept the interest rate unchanged at 0.75% for July 2014, for the fifth consecutive month.
Composite State-of-the-Economy Index
The Bank of Israel released figures indicating that the Composite State-of-the-Economy index rose by 0.2% in May. The index reflects a moderate rate of growth in the economy similar to that in the last three years, after two months when the rate of growth was more moderate.
The Central Bureau of Statistics released figures indicating the unemployment rate in May increased for the first time this year to 5.9%, compared with 5.7% in the previous two months and an average of 6.3% for 2013.
Week 2014 TA Bluetech-50 -2.5% -5.8% TA Banks -2.4% -2.7% TA Real Estate-15 -2.1% 2.6%
WEEK 2014 Dollar/NIS -0.3% -1.1% Euro/NIS -0.3% -2.3%
Facts & Figures
The Tel-Aviv Stock Exchange features in May 2014:
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 Exchange.
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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