TA-35 Index
TA-35 Index is an Israeli stock market index computed by the Tel Aviv Stock Exchange tracking the performance of 35 large companies listed on stock exchanges in Israel.
Lobby of Tel Aviv Stock Exchange | |
| Operator | TASE |
|---|---|
| Exchanges | TASE |
| Constituents | 35 |
| Market cap | ₪ 483,626 millions (as of 4 February 2021) |
| Related indices | |
| Website | tase.co.il |
| ISIN | IL00BIDX1428 |
It is one of the most commonly followed equity indices in Israel, considered as the flagship index in Israel and as a proxy to the Israeli economy similarly to the S&P 500 in the USA
TA-25 was launched in January 1992, with a value of 100 points as a base value.
The index was expanded on February 12, 2017 to include 35 instead of 25 stocks, in an attempt to improve stability and therefore reduce risk for trackers and encourage foreign investment.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.