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:8/16/2017)... , ... August 16, 2017 , ... ... microbe delivery system, announced it has secured $2M in funding from an impressive ... Angels, Carmen Innovations, and SVG Thrive Fund. With this investment, 3Bar is broadening ...
(Date:8/16/2017)... WAKEFIELD, Mass. , Aug. 16, 2017  This year,s edition of ... global leader in life sciences workforce solutions, has made the list for ... Inc. 5000 recognizes the nation,s fastest-growing private companies based on a set ... Fast 50, which includes the fastest-growing companies in the Bay ... Inc. 5000 ...
(Date:8/15/2017)... , Aug. 15, 2017 After spending the past two ... with crowdsourced data collection, GeneFo now offers this platform to healthcare ... and amplifying support, adherence, and data collection vis a vis their ... mark the successful launch of this offer. ... GeneFo ...
(Date:8/15/2017)... Diego, CA (PRWEB) , ... August 15, 2017 ... ... company pioneering graphene biosensors that accelerate pharmaceutical and biotherapeutics development, announces the launch ... the number of steps needed to gain kinetic binding data for a wide ...
Breaking Biology Technology:
(Date:6/30/2017)... 30, 2017 Today, American Trucking Associations ... of face and eye tracking software, became the ... program. "Artificial intelligence and advanced ... monitor a driver,s attentiveness levels while on the ... to detect fatigue and prevent potential accidents, which ...
(Date:5/23/2017)... Italy , May 23, 2017  Hunova, the first robotic gym ... trunk, has been officially launched in Genoa, Italy . ... Europe and the USA . The technology ... on the market by the IIT spin-off Movendo Technology thanks to a ... the Multimedia News Release, please click: ...
(Date:5/6/2017)... 2017 RAM Group , Singaporean ... breakthrough in biometric authentication based on a ... to perform biometric authentication. These new sensors are based ... by Ram Group and its partners. This sensor will ... chains and security. Ram Group is a next ...
Breaking Biology News(10 mins):