The end of 2021 is coming, and so are all the interesting summaries of the year. The Stock Exchange publishes today (Wednesday) its summary of trading activity, against the backdrop of the corona, vaccinations and even the Wall Guard operation in May. Despite all this, trading was characterized by price increases, with the main news from the report being the breaking of the record of the leading stock indices and the value of the stock market that broke a historic record with NIS 1.1 trillion.
The TA-35 index rose by about 26 percent this year, and the TA-90 and TA-SME60 indices rose by 29 and 24 percent, respectively, reaching an all-time high. An increase of about 64 percent in the TA-index Construction under the influence of the jump in demand for apartments, and an increase of about 58 percent in the Tel Aviv 5 Banks Index, which reached an all-time high, and in the Tel Aviv oil and gas index, under the influence of a jump in world commodity prices. The stock exchange lists the vaccination campaigns, government support, Israel’s credit rating that remains stable and the formation of the government as reasons.
The daily turnover in the stock market, including mutual funds, amounted to NIS 9.1 billion, similar to the turnover in the previous year, and is 43 percent higher than the average turnover in 2019 – on the eve of the outbreak of the corona. This year, 95 new companies and 2 companies that have performed double listing – a record since 1993, joined, including 55 high-tech companies and 8 research and development partnerships. The new companies raised about NIS 5.1 billion in initial public offerings. 12 of the new companies joined the Tel Aviv-90 index.
All the highs – the stock market in numbers Photo: The Stock Exchange
The number of companies traded on the stock exchange stands at 540 companies – the highest since 2012, of which 53 are dual companies. The growth rate of new stock companies in the last two years was 28 percent – the second largest in the world. In the stock market, about NIS 26 billion was raised from the public – a record raising similar to 2007, compared to about NIS 8.16 billion in the previous year.
This year, stakeholders sold shares worth about NIS 7 billion, and on the other hand bought shares worth about NIS 3 billion. In 2021, foreign investors also entered the bond market, purchasing net government bonds worth NIS 28 billion on the Tel Aviv Stock Exchange, following acquisitions of NIS 17 billion in 2020. The Israeli government bonds added to the bond index contributed to this. World Government (WGBI).