Welcome to our dedicated page for Tel Aviv Stock E news (Ticker: TVAVF), a resource for investors and traders seeking the latest updates and insights on Tel Aviv Stock E stock.
Tel Aviv Stock E (TVAVF) serves as Israel's primary securities exchange, facilitating trading across equities, bonds, and derivatives. This dedicated news hub provides investors with essential updates about market operations, technological advancements, and strategic developments shaping Israel's capital markets.
Our curated collection offers immediate access to official press releases and verified financial reporting. Users can track critical updates including quarterly earnings disclosures, new product launches like futures contracts, and partnerships enhancing market infrastructure. The repository also covers regulatory changes and liquidity improvement initiatives.
Key focus areas include AI-driven trading tools implementation progress, market expansion announcements, and leadership updates affecting exchange operations. Bookmark this page for streamlined monitoring of TVAVF's evolving role in Middle Eastern capital flows and its integration with global financial networks.
The Tel Aviv Stock Exchange (TASE) has partnered with Yelin Lapidot Investment House to exclusively launch new indices for ETF and tracking fund issuers. This initiative aims to enhance investment product variety and liquidity on TASE. The collaboration follows approval from the Israel Securities Authority and is expected to facilitate innovation in the indices sector, increasing competition in the Israeli capital market. TASE plans to invest significantly in the indices sector to align with global standards, with a current total AUM tracking TASE indices at approx. NIS 78 billion.
The Tel Aviv Stock Exchange (TASE) announced its financial statements for the period ending September 30, 2022, will be published on November 29, 2022, after market close. A conference call will follow at 8:00 PM (Israeli time) on the same day, hosted by CEO Ittai Ben-Zeev and CFO Yehuda Ben Ezra. The call will be in English, with a presentation available on the Israeli Securities Authority and TASE websites. A recording will also be uploaded the next day. This conference call aims to provide a detailed review of the financial statements.
Cipia (TASE: CPIA) has secured three additional design wins with OEM Chery, increasing their total to six models, all set to begin production in 2023. CEO Yehuda Holtzman expressed confidence in the partnership for advancing driver safety through Cipia's Driver Sense monitoring system. This technology uses AI and computer vision to monitor driver behavior, detecting drowsiness and distractions. The new models will be marketed globally, including in Europe, Australia, and the Middle East. The company currently holds 28 design wins across five manufacturers.
TASE's financial results for Q2 2022 show a strong performance, with EBITDA increasing by 36% year-over-year, reaching NIS 36 million. Revenue for the quarter was NIS 91 million, an 8% rise compared to Q2 2021. The profit also grew by 18% to NIS 14 million. Notably, average daily trading volume surged 33% to NIS 2.5 billion in H1 2022, contributing to a total capital raised of NIS 14.4 billion, which is 54% of the record amount from 2021. TASE welcomed Jump Trading as a new remote member, further enhancing its international presence.
The Tel Aviv Stock Exchange (TASE) will publish its financial statements for the period ending June 30, 2022, on August 8, 2022, after market close. A conference call led by CEO Ittai Ben-Zeev and CFO Yehuda van der Walde will occur at 8:00 PM Israeli time on the same day to review the financial results. Dial-in details are provided for Israel, the US, Canada, the UK, and other locations. The presentation will be available in both Hebrew and English on the Israeli Securities Authority and TASE websites. A recording will be uploaded the following day.
In Q1 2022, the Tel Aviv Stock Exchange (TASE) reported a significant 40% increase in trading volumes of dual-listed shares, reaching a daily average of NIS 473 million. This uptick contrasts with a 11% decline in trading abroad, highlighting TASE's role as a stabilizing anchor amid global market fluctuations. Dual-listed companies accounted for 27% of total trading volumes, up from 19% in 2021. Key players included Israel's large caps, such as Partner and Formula Systems, which showed remarkable trading volume on TASE, reinforcing the exchange's importance for both local and international investors.
The Tel Aviv Stock Exchange (TASE) has initiated its first stock buyback plan, approving up to NIS 36 million to be executed within six months, starting from May 26, 2022. This move aligns with TASE's broader strategy of implementing a total buyback plan of up to NIS 100 million over two years. The buyback is expected to enhance shareholder value and reflects confidence in the company’s financial health.
TASE reports strong financial results for Q1 2022, with revenues reaching NIS 98 million, a 25% increase from the previous year. Profit rose to NIS 15 million, marking a 50% increase, while adjusted EBITDA also climbed 50% to NIS 37 million. Equity trading volumes surged by nearly 40%, and capital raised totaled NIS 7.5 billion. A buyback program of up to NIS 36 million was initiated, reflecting TASE's ongoing development as a key capital raising hub.
The Tel-Aviv Stock Exchange (TASE) reported strong financial results for Q4 2021 and the full year. Q4 revenues increased to NIS 86 million, an 11% rise year-over-year, while annual revenues totaled NIS 324 million, up 6%. Profits for Q4 rose 25% to NIS 14 million, with adjusted EBITDA up 14% to NIS 30 million. A record 94 IPOs were completed in 2021, with a record NIS 13 billion in foreign investments, establishing TASE's growth as a key player in capital markets. A buyback plan of up to NIS 100 million was also announced, benefiting shareholders.
