TA-100 index
| TA-100 index | |
|---|---|
| base data | |
| Country | Israel |
| Stock exchange | Tel Aviv Stock Exchange |
| ISIN | not known |
| WKN | not known |
| symbol | TA100 |
| RIC | ^ TA100 |
| Bloomberg code | TA-100 <INDEX> |
| category | Stock index |
| Type | Performance index |
| family | TASE indices |
The TA-100 Index (Tel Aviv 100 Index) is an Israeli stock index . It comprises the 100 largest public companies on the Tel Aviv Stock Exchange (TASE).
calculation
Technically speaking , the TA-100 Index is a performance index that is weighted according to market capitalization (on a free float basis). It contains all companies in the TA-25 Index and the TA-75 Index . Only the freely tradable securities of the stock corporations are taken into account in the weighting . With the TA-100 Index it is assumed that all cash dividends and other income from the ownership of the shares, such as subscription rights proceeds and other small cap stocks, are reinvested in shares of the index. The dividends distributed are therefore added to the weighted market value of the index.
The Israeli stock exchange supervisory authority decides on the composition and also reviews and adjusts the index every quarter (February, May, August, November). The investment universe includes all companies based in Israel that are listed on the Tel Aviv Stock Exchange (TASE). To create a selection list, the companies in the investment universe are sorted in descending order according to market capitalization. A special feature of the index is its relatively restrictive cap with a share of 10.0 percent. This is to ensure that individual companies do not exercise a dominant influence. Heavyweights include Teva Pharmaceutical Industries , Bank Leumi and Israel Chemicals .
The calculation is updated every 30 seconds during TASE trading hours, Sunday to Friday, 9:45 a.m. to 4:30 p.m. local time (8:45 a.m. to 3:30 p.m. CET ).
history
Historical overview
The TA-100 Index started on January 1, 1992 with a base value of 100 points. On June 9, 1998, the stock index ended trading at 336.64 points. Four months later, on October 8, 1998, the index closed at 249.19 points, 26.0 percent lower. In the following 17 months, the TA-100 rose again. On January 3, 2000, with a final score of 504.66 points, it passed the 500 point limit for the first time. On March 5, 2000, the stock market barometer closed at 585.99 points. Since October 1998 the profit is 135.2 percent.
After the speculative bubble in the technology sector ( dot-com bubble ) burst , the share index fell to a low of 303.65 points by February 13, 2003. That was a decrease of 48.2 percent since March 2000. February 13, 2003 means the end of the downward slide. From the beginning of 2003 the TA-100 began to rise again. On February 14, 2007, the stock market barometer closed with 1,001.68 points for the first time above the 1,000-point mark. On October 31, 2007, the share index ended trading at a record high of 1,189.04 points. Since the low in February 2003, the profit is 291.6 percent.
In the course of the international financial crisis , which had its origin in the US real estate crisis in the summer of 2007, the TA-100 began to sink again. On November 13, 2008, the share index fell below the limit of 600 points with a closing level of 595.17 points. The index hit a new low on November 23, 2008 when it ended trading at 517.73 points. Since the high in October 2007, this corresponds to a decrease of 56.4 percent. It is the biggest fall in the history of the TA-100.
November 23, 2008 marks the turning point of the downward slide. From autumn 2008 the share index was on the way up again. On January 16, 2011, the TA-100 marked an all-time high with a closing score of 1,247.92 points. The profit since November 2008 is 141.0 percent. The weakening of the global economy and the worsening of the euro crisis led to a slump in the index. On September 12, 2011, the TA-100 index ended trading at 897.98 points. The loss since January 16, 2011 is 28.0 percent.
The announcement of new bond purchase programs by the European Central Bank , the US Federal Reserve and the Bank of Japan led to a recovery in prices on the stock market. The monetary stimulus played a bigger role in the price formation than the global economic slowdown and the state of the companies. On December 11, 2012, the index closed at 1,098.53 points, 22.4 percent higher than on September 12, 2011.
Highs
The overview shows the all-time highs of the TA-100 index.
| Points | date | |
|---|---|---|
| in the course of trading | 1,627.16 | December 2019 |
Milestones
The table shows the milestones of the TA-100 index.
| First close over |
Final score in points |
date |
|---|---|---|
| 300 | 302.77 | July 7, 1997 |
| 400 | 400.93 | May 13, 1999 |
| 500 | 504.66 | January 3, 2000 |
| 600 | 602.04 | July 1, 2004 |
| 700 | 702.23 | June 2, 2005 |
| 800 | 804.81 | December 11, 2005 |
| 900 | 919.74 | May 7, 2006 |
| 1,000 | 1,001.68 | February 14, 2007 |
| 1,100 | 1,109.56 | May 13, 2007 |
| 1,200 | 1,203.18 | December 13, 2010 |
Annual development
The table shows the annual development of the TA-100 index.
| year | Final score in points |
Change in points |
Change in% |
|---|---|---|---|
| 1993 | 247.67 | ||
| 1994 | 173.57 | −74.10 | −29.92 |
| 1995 | 208.23 | 34.66 | 19.97 |
| 1996 | 211.04 | 2.81 | 1.35 |
| 1997 | 290.96 | 79.92 | 37.87 |
| 1998 | 299.89 | 8.93 | 3.07 |
| 1999 | 487.23 | 187.34 | 62.47 |
| 2000 | 494.58 | 7.35 | 1.51 |
| 2001 | 446.79 | −47.79 | −9.66 |
| 2002 | 332.45 | −114.34 | −25.59 |
| 2003 | 534.39 | 201.94 | 60.74 |
| 2004 | 635.95 | 101.56 | 19.00 |
| 2005 | 822.99 | 187.04 | 29.41 |
| 2006 | 925.60 | 102.61 | 12.47 |
| 2007 | 1,154.59 | 228.99 | 24.74 |
| 2008 | 564.09 | −590.50 | −51.14 |
| 2009 | 1,066.73 | 502.64 | 89.11 |
| 2010 | 1,223.16 | 156.43 | 14.66 |
| 2011 | 978.49 | −244.67 | −20.00 |
| 2012 | 1,049.06 | 70.57 | 7.21 |
| 2013 | 1,207.69 | 158.63 | 15.12 |
| 2014 | 1,288.93 | 81.24 | 6.73 |
| 2015 | 1,315.08 | 26.15 | 2.03 |
| 2016 | 1,282.37 | −32.71 | −2.49 |
| 2017 | 1,366.22 | 83.85 | 6.54 |
| 2018 | 1,333.18 | −33.04 | −2.42 |
| 2019 | 1,616.70 | 283.52 | 21.27 |
composition
As of December 13, 2015
| No. | Surname | Branch | Index weighting in% |
|---|---|---|---|
| 1 | Teva | Pharma | 11.23 |
| 2 | Perrigo | Pharma | 9.29 |
| 3 | Bank Hapoalim | Banks | 6.99 |
| 4th | Bank Leumi | Banks | 6.62 |
| 5 | Bezeq | telecommunications | 5.71 |
| 6th | NICE Systems | software | 4.67 |
| 7th | Opko Health | Pharma | 4.44 |
| 8th | ICL | chemistry | 3.27 |
| 9 | Frutarom | chemistry | 2.74 |
| 10 | Elbit Systems | armor | 2.68 |
| 11 | Israel Discount Bank | Banks | 2.35 |
| 12 | Isramco | oil and gas | 2.24 |
| 13 | Mizrahi-Tefahot bench | Banks | 2.01 |
| 14th | Ormat Technologies | Geothermal energy | 1.73 |
| 15th | Paz Oil Company | oil and gas | 1.61 |
| 16 | Tower Semiconductor | semiconductor | 1.50 |
| 17th | Azrieli Group | property | 1.46 |
| 18th | Delek Group | Conglomerate | 1.37 |
| 19th | Gazit Globe | property | 1.35 |
| 20th | Avner Oil Exploration | oil and gas | 1.17 |
| 21st | Alony Hetz | property | 1.11 |
| 22nd | Strauss Group | food | 0.90 |
| 23 | EZchip Semiconductor | Semiconductors (network processors) | 0.90 |
| 24 | Israel Corporation | Conglomerate | 0.88 |
| 25th | Delek Drilling | oil and gas | 0.79 |
| 26th | Melisron | property | 0.79 |
| 27 | Partner Communications Company | telecommunications | 0.73 |
| 28 | Oil Refineries (Bazan) | oil and gas | 0.69 |
| 29 | First International Bank of Israel | Banks | 0.69 |
| 30th | MannKind Corporation | Pharma | 0.63 |
| 31 | Harel | Insurance | 0.61 |
| 32 | Osem Investments | food | 0.61 |
| 33 | Ratio Oil Exploration | oil and gas | 0.56 |
| 34 | REIT 1 | property | 0.55 |
| 35 | Airport City | property | 0.54 |
| 36 | Cellcom | telecommunications | 0.52 |
| 37 | JOEL Jerusalem Oil Exploration | oil and gas | 0.49 |
| 38 | Shikun & Binui | Construction, real estate | 0.48 |
| 39 | Delek Automotive Systems | 0.47 | |
| 40 | Ituran | Electronics (vehicle tracking) | 0.44 |
| 41 | Clal Group | Insurance | 0.44 |
| 42 | Compugen | Pharma | 0.41 |
| 43 | Nova Measuring Instruments | semiconductor | 0.38 |
| 44 | LivePerson | software | 0.37 |
| 45 | Delta Galil | Textiles (underwear) | 0.37 |
| 46 | Migdal | Insurance | 0.36 |
| 47 | IDI Insurance | Insurance | 0.36 |
| 48 | Sapiens International Corporation | software | 0.35 |
| 49 | Electra | Construction / services | 0.33 |
| 50 | B Communications | Telecommunications (stake in Bezeq) | 0.32 |
| 51 | BioTime | Pharma | 0.32 |
| 52 | Menorah Mivtachim | Insurance (pension fund) | 0.3 |
| 53 | Formula Systems | software | 0.3 |
| 54 | Shufersal | retail trade | 0.29 |
| 55 | Norstar (Gazit) | property | 0.27 |
| 56 | Amot Investments | 0.27 | |
| 57 | Rami Levy | retail trade | 0.27 |
| 58 | Navidea Biopharmaceuticals | Pharma | 0.27 |
| 59 | Bayside land | Property? | 0.27 |
| 60 | Blue Square Real Estate | property | 0.26 |
| 61 | Matrix IT | IT services | 0.26 |
| 62 | Mazor Robotics | Medical technology | 0.23 |
| 63 | Naphtha Israel Petroleum | oil and gas | 0.22 |
| 64 | Allot Communications | telecommunications | 0.22 |
| 65 | FIBI Holdings | 0.22 | |
| 66 | Evogene | Biotechnology (plant breeding) | 0.21 |
| 67 | Brack Capital | property | 0.21 |
| 68 | Equital | Conglomerate (stake in JOEL) | 0.2 |
| 69 | Big Shopping Centers | property | 0.19 |
| 70 | Silicome | Electronics (network cards) | 0.19 |
| 71 | Magic software | software | 0.18 |
| 72 | ADO Group ( ADO Properties ) | property | 0.17 |
| 73 | Kenon Holdings | Conglomerate | 0.17 |
| 74 | Africa Israel Properties (AFI) | 0.16 | |
| 75 | Mivtach Shamir | 0.16 | |
| 76 | Shapir Engineering and Industry | 0.15 | |
| 77 | INOC Dead Sea | 0.15 | |
| 78 | The Phoenix Insurance Company | Insurance | 0.14 |
| 79 | Gilat Satellite Networks | Electronics (satellite dishes) | 0.14 |
| 80 | Summit Real Estate | property | 0.13 |
| 81 | FOX | Retail (clothing) | 0.13 |
| 82 | Avgol | Textiles (SMS nonwovens) | 0.12 |
| 83 | Maytronics | Household appliances (pool robots) | 0.12 |
| 84 | Africa-Israel Investments | 0.12 | |
| 85 | Kerur Holdings | 0.12 | |
| 86 | Pluristem Therapeutics | Biotechnology (stem cells) | 0.12 |
| 87 | Plasson Industries | Water fittings | 0.12 |
| 88 | Elco Holdings | domestic appliances | 0.11 |
| 89 | Perion Network | Software (e.g. IncrediMail ) | 0.11 |
| 90 | Property building | 0.10 | |
| 91 | Meitav Dash Investments | Investment | 0.10 |
| 92 | Ashtrom Properties | property | 0.09 |
| 93 | IDB Development | 0.09 | |
| 94 | Direct Insurance | Insurance | 0.08 |
| 95 | Villar International | Construction, real estate | 0.08 |
| 96 | Protalix Biotherapeutics | Pharma | 0.08 |
| 97 | Industrial Buildings Corporation | property | 0.06 |
| 98 | Union Bank of Israel | Banks | 0.06 |
| 99 | Spacecom | Satellite operator ( Amos ) | 0.05 |
| 100 | Jerusalem Economy | 0.05 |
Web links
Individual evidence
- ^ Tel Aviv Stock Exchange: Index Weighting
- ↑ Tel Aviv Stock Exchange: Trading Schedule ( Memento of the original from September 11, 2012 in the web archive archive.today ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ a b Yahoo: Historical prices from 1997
- ↑ a b Tel Aviv Stock Exchange: Historical prices from 2000
- ^ Israel Stock Market (TA-100) | 2019 | Data | Chart | Calendar | Forecast. Retrieved December 13, 2019 .
- ↑ 1Stock1: TA 100 Index (Israel) Yearly Returns
- ↑ Tel Aviv 100 Index (Israel) Yearly Stock Returns. Retrieved December 13, 2019 .
- ^ Tel Aviv Stock Exchange: Index Components
