Thursday July 25 2024
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: Israel
On 21st July 2024, the Tel Aviv Stock Exchange (TASE) announced that the Board of Directors approved the launch of new equity and bond indices.
This includes the launch of a new equity index – “TA-Combo 90 and Banks 5”, consolidating the TA-90 and TA Banks-5 indices into a single combined index. This combined index will provide the weighted yield of a market index and of the banking sector.
TASE will also launch 6 new bond indices – 4 bond indices will be launched under the “ Money Market ” series designed for money market funds’ investors seeking a higher yield at a minimal risk, as part of TASE’s strategy of enhancing product diversity. In addition, 2 new Tel Bond indices will be launched based on TASE’s Smart Money system that tracks the activity of the institutional investors.
Click on the above link for further information
