TASE Bi-Weekly Review: 4 - 15 March 2012
March 15 2012 - 11:53AM
Business Wire
Trading on TASE in the first half of March ended up for all
leading indices.
- The TA-25 index gained 1.6% over
the first half of the month, bringing its year-to-date return to
2.2%.
- The TA-100 index climbed 1.6%
over the two-week period, bringing its year-to-date increase to
3.8%.
- The TA Banks stood out with a 7.2%
increase over the first half of the month, while the TA BlueTech-50
and TA Real Estate-15 indices increased 3.5% and 1.2%
respectively.
As for year-to-date returns, the BlueTech-50
stands out with a 13% increase, while the TA Real Estate-15 and TA
Banks posted more modest cumulative gains of 5%-7%.
- The Government of Israel floated US
$735 million bonds on the local market in two separate auctions
over the two weeks, bringing the year-to-date total of government
bond issues to US $4.5 billion.
- The Central Bureau of Statistics
released updated growth figures, indicating that GDP growth in 2011
came to 4.7%, as opposed to 4.8% in 2010 and 0.8% in 2009.
- The NIS/US dollar exchange rate on 15
March came to 3.784 a decrease of 0.2% against the shekel in the
first half of the month. Since the beginning of the year, the
dollar has depreciated 1.0% against the NIS.
- The NIS/Euro exchange rate on 15 March
came to 4.9417, a 1.8% decrease over the two-week period. Since the
beginning of the year, the Euro is up 0.1% against the NIS.
About TASE
Established in September 1935, the Tel-Aviv Stock Exchange is
Israel’s sole stock exchange, offering an increasingly
sophisticated range of products to investors, including equity,
corporate bonds, treasury bills and notes, index products and
derivatives. The Tel-Aviv Stock Exchange features in February 2012:
579 companies listing equities, 431 index-tracking products, 34
series of government bonds, 671 series of corporate bonds and 1,262
mutual funds. As of February 2012, the exchange’s market
capitalization in equities was about US$ 163 billion. In recent
years, the exchange has enhanced its international presence,
signing Memorandums of Understanding with the London Stock
Exchange, NASDAQ, the Shanghai Stock Exchange, Toronto Stock
Exchange and NYSE-Euronext.
Visit the Tel Aviv Stock Exchange's Website: www.tase.co.il