Navigation Links
Tel Aviv Stock Exchange Weekly Review: 18-22 August 2013
Date:8/22/2013

TEL AVIV, Israel, August 22, 2013 /PRNewswire/ --

Biomed company, OPKO Health, dual listed on TASE. Trading has started and it is anticipated that OPKO shares will join the TA-25 and TA BlueTech-50 indices in October;  Trading on the Tel-Aviv Stock Exchange (TASE) during the third week of August was marked by mixed trending in all leading indices.

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

TA-25

The TA-25 index decreased 0.3% over the week, bringing year-to-date increase to 1.3%.

TA-100

The TA-100 index decreased 0.4% over the week, bringing year-to-date increase to 4.4%.

TA-Biomed

The TA-Biomed index stood out and increased 4.2% over the week and bringing returns since the beginning of 2013 to 24%.

Dual Listings

OPKOHealth, whose shares are traded on the NYSE, completed a dual listing of its share on TASE, starting 21 August, 2013. OPKO is an American company which invests in bio-pharma and diagnostic R&D firms.

Having a market cap of US $2.8 billion, it is anticipated that the company's shares will be "fast tracked" on to the TA-25 and TA BlueTech-50 indices this coming October.

Corporate Bonds

Three real estate companies raised US$62 million in public bond offerings.

Since the beginning of the year the business sector has raised US $6.5 billion through bond offerings. Real estate companies stood out, raising 43% of the total

Government Bonds

This week the Ministry of Finance (MoF) floated US $0.3 billion government bonds in an offering on the local market.  

Since the beginning of 2013 the MoF raised US $12.3 billion in public bond offerings as opposed to US $21.3 billion in 2012.

Growth Rate

Figures released by the Central Bureau of Statistics indicate that economic growth came to 5.1% (annualized) in the second quarter of 2013, compared to 2.7% in the previous quarter and 3.1% in the last quarter of 2012.

CPI Index

Figures release by the Central Bureau of Statistics (CBS) indicate that the Consumer Price Index (CPI) increased by 0.3% in July.

Since the beginning of the year, the CPI has risen 1.6%, similar to its increase for the entire 2012 year.

Composite State-of-the Economy Index

The Bank of Israel released figures indicating that the Composite State-of-the-Economy Index increased 0.2% in July.

The accelerated pace of increase in the index over the past most stems primarily from accelerated growth of private sector production in the second quarter of the year.

Sector Indices

WEEK YTD TA Bluetech-50 2.3% 2.9% TA Banks 1.0% 0.8% TA Real Estate-15 -0.9% 18.2%

Foreign Exchange

WEEK YTD Dollar/NIS 0.7% -3.9% Euro/NIS 0.5% -3.0%

Facts & Figures

The Tel-Aviv Stock Exchange features in July 2013:

  • 518 companies listing equities (Ex. ETNs).
  • 461 index-tracking products.
  • 34 series of government bonds.
  • 77 Series of Institutional bonds.
  • 614 series of corporate bonds.
  • 1,251 mutual funds.
  • Market Cap. (US$ billions)
    • Equities - 176
    • Government bonds - 133
    • Corporate bonds - 88

AboutTASE

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(3)5677-405/6

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


'/>"/>
SOURCE Tel Aviv Stock Exchange Ltd
Copyright©2012 PR Newswire.
All rights reserved

Related biology technology :

1. BioMed Realty Trust Declares Fourth Quarter 2011 Common Stock and Preferred Stock Dividends
2. Sequenom Announces Exercise in Full of Over-Allotment Option and Completion of Public Offering of Common Stock
3. Soligenix Announces 1 for 20 Reverse-Split of its Common Stock
4. Medisafe 1 Technologies to Start the $1MM Stock Repurchase Program of 10MM Shares up to 10 Cents a Share
5. Synthetic Biologics to Present at ROTH Annual Growth Stock Conference
6. Palatin Technologies, Inc. to Present at the 24th Annual ROTH OC Growth Stock Conference
7. Genesis Biopharma Announces Proposed Public Offering of Common Stock and Warrants
8. Generex Announces Date of Annual Stockholders Meeting
9. Cell Therapeutics Announces Institutional Investor to Purchase $40 Million of Convertible Preferred Stock and Warrants to Purchase Common Stock
10. BioMed Realty Trust Declares Second Quarter 2012 Common Stock And Preferred Stock Dividends
11. Palatin Technologies, Inc. Announces Pricing of $35 Million Private Placement of Common Stock and Warrants
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/9/2016)... Feb. 9, 2016  DNAtrix, a clinical ... cancer, announced that its lead product, DNX-2401, ... as an orphan medicinal product for the ... of glioma, strikes approximately 25,000 people a ... http://photos.prnewswire.com/prnh/20160208/330986LOGO --> ...
(Date:2/9/2016)... , Feb. 9, 2016 ... Inhibitors-Pipeline Insights, 2016", report provides in depth ... development activities around the Protein-Tyrosine Phosphatase 1B ... product profiles in various stages of development ... II, Phase III and Preregistration. Report covers ...
(Date:2/8/2016)... 2016 Novan, Inc. today announced that Director Robert ... Directors of Novan. In addition, Robert Keegan has been ... Carolina . --> North Carolina ... received a total of $32.8 million of net proceeds in a ... network originating throughout the Research Triangle area of North ...
(Date:2/8/2016)... , ... February 08, 2016 , ... ... and leading supplier of Semantic Graph Database technology, today announced the availability of ... of Cloudera Enterprise through the Cloudera Certified Technology Program (CCPT). AllegroGraph ...
Breaking Biology Technology:
(Date:1/18/2016)... 2016  Extenua Inc., a pioneering developer of ... and access of ubiquitous on-premise and cloud storage, today ... Cyber.  ... C4ISR and Cyber initiatives in support of National ... technology solutions," said Steve Visconti , Extenua ...
(Date:1/13/2016)... , January 13, 2016 ... the addition of the  "India Biometrics ... & Forecast (2015-2020)"  report to ... ) has announced the addition of ... Market - Estimation & Forecast (2015-2020)" ...
(Date:1/8/2016)... MANCHESTER, United Kingdom , Jan. 8, 2016   ... diagnostic products, today announced the closing of a $9 million ... Proceeds from the financing will be used to accelerate the ... for detecting early-stage pressure ulcers. United ... receiving CE Mark approval. The device,s introduction has been met ...
Breaking Biology News(10 mins):