Despite the epidemic that hit Israel and the world, the last month of 2020 showed an upward trend • Tel Aviv 35 and 90 indices rose by 2% and 4% respectively • Tel Aviv SME60 index jumped
A positive month on the Tel Aviv Stock Exchange
Photography:
Joshua Joseph
Yesterday's trading day on the Tel Aviv Stock Exchange closed with slight price declines, of less than half a percent in the leading Tel Aviv indices. In a monthly summary, the stock exchange enjoyed price increases in all the leading indices.
The Tel Aviv 35 and Tel Aviv 90 indices rose by about 2% and by 4%, respectively, while the Tel Aviv SME60 index stood out by about 9%. - FDA for the vaccine they developed for the corona virus, following which the use of Pfizer's vaccine began this month in the UK, USA and the country.
These factors outweighed the negative impact of increasing corona virus spread in another wave in the US, Europe and the country, and the discovery of a new mutation in the virus, which led to the tightening of restrictions.
Price increases of up to 6% characterized all industry indices in December, with the exception of oil and gas shares, which fell by about 8%.
The daily trading turnover in the stock market amounted to NIS 1.8 billion in December, but slightly lower than the average turnover in 2020, which amounted to NIS 1.9 billion.
The stock market raised about NIS 2.5 billion, of which NIS 1 billion was raised by six new companies - 4 high-tech companies and 2 non-bank credit companies.
The 7 new companies listed on the Tel Aviv Stock Market this month are joining 23 new companies and partnerships in the stock market since the beginning of the year.
Price increases in all the leading bond indices: The index-linked corporate and government bonds stood out by about 0.9% -0.7%.
Regarding fundraising in the bond market: NIS 4.6 billion in corporate bonds - NIS 3.2 billion was raised by real estate companies, and about NIS 1.4 billion was raised by financial sector companies. Real estate with a raising of about NIS 2.6 billion in December.