AIRLINK 218.33 Increased By ▲ 0.35 (0.16%)
BOP 10.83 Decreased By ▼ -0.10 (-0.91%)
CNERGY 7.46 Decreased By ▼ -0.09 (-1.19%)
FCCL 34.50 Decreased By ▼ -0.33 (-0.95%)
FFL 19.38 Increased By ▲ 0.06 (0.31%)
FLYNG 25.90 Increased By ▲ 0.75 (2.98%)
HUBC 131.00 Decreased By ▼ -0.09 (-0.07%)
HUMNL 14.35 Decreased By ▼ -0.21 (-1.44%)
KEL 5.28 Increased By ▲ 0.10 (1.93%)
KOSM 7.40 Increased By ▲ 0.04 (0.54%)
MLCF 45.98 Increased By ▲ 0.35 (0.77%)
OGDC 219.56 Decreased By ▼ -2.52 (-1.13%)
PACE 8.60 Increased By ▲ 0.44 (5.39%)
PAEL 44.65 Increased By ▲ 0.46 (1.04%)
PIAHCLA 17.80 Increased By ▲ 0.11 (0.62%)
PIBTL 9.16 Increased By ▲ 0.19 (2.12%)
POWERPS 12.51 Decreased By ▼ -0.50 (-3.84%)
PPL 193.00 Decreased By ▼ -0.01 (-0.01%)
PRL 41.47 Decreased By ▼ -1.70 (-3.94%)
PTC 26.74 Increased By ▲ 0.11 (0.41%)
SEARL 107.61 Increased By ▲ 0.53 (0.49%)
SILK 1.04 No Change ▼ 0.00 (0%)
SSGC 45.80 Increased By ▲ 0.80 (1.78%)
SYM 21.12 Decreased By ▼ -0.07 (-0.33%)
TELE 10.34 Increased By ▲ 0.19 (1.87%)
TPLP 14.65 Increased By ▲ 0.14 (0.96%)
TRG 67.58 Increased By ▲ 0.30 (0.45%)
WAVESAPP 11.60 Increased By ▲ 0.31 (2.75%)
WTL 1.74 Increased By ▲ 0.04 (2.35%)
YOUW 4.25 No Change ▼ 0.00 (0%)
AIRLINK 218.33 Increased By ▲ 0.35 (0.16%)
BOP 10.83 Decreased By ▼ -0.10 (-0.91%)
CNERGY 7.46 Decreased By ▼ -0.09 (-1.19%)
FCCL 34.50 Decreased By ▼ -0.33 (-0.95%)
FFL 19.38 Increased By ▲ 0.06 (0.31%)
FLYNG 25.90 Increased By ▲ 0.75 (2.98%)
HUBC 131.00 Decreased By ▼ -0.09 (-0.07%)
HUMNL 14.35 Decreased By ▼ -0.21 (-1.44%)
KEL 5.28 Increased By ▲ 0.10 (1.93%)
KOSM 7.40 Increased By ▲ 0.04 (0.54%)
MLCF 45.98 Increased By ▲ 0.35 (0.77%)
OGDC 219.56 Decreased By ▼ -2.52 (-1.13%)
PACE 8.60 Increased By ▲ 0.44 (5.39%)
PAEL 44.65 Increased By ▲ 0.46 (1.04%)
PIAHCLA 17.80 Increased By ▲ 0.11 (0.62%)
PIBTL 9.16 Increased By ▲ 0.19 (2.12%)
POWERPS 12.51 Decreased By ▼ -0.50 (-3.84%)
PPL 193.00 Decreased By ▼ -0.01 (-0.01%)
PRL 41.47 Decreased By ▼ -1.70 (-3.94%)
PTC 26.74 Increased By ▲ 0.11 (0.41%)
SEARL 107.61 Increased By ▲ 0.53 (0.49%)
SILK 1.04 No Change ▼ 0.00 (0%)
SSGC 45.80 Increased By ▲ 0.80 (1.78%)
SYM 21.12 Decreased By ▼ -0.07 (-0.33%)
TELE 10.34 Increased By ▲ 0.19 (1.87%)
TPLP 14.65 Increased By ▲ 0.14 (0.96%)
TRG 67.58 Increased By ▲ 0.30 (0.45%)
WAVESAPP 11.60 Increased By ▲ 0.31 (2.75%)
WTL 1.74 Increased By ▲ 0.04 (2.35%)
YOUW 4.25 No Change ▼ 0.00 (0%)
BR100 12,436 Increased By 39.1 (0.32%)
BR30 37,430 Increased By 83.3 (0.22%)
KSE100 117,878 Increased By 291.3 (0.25%)
KSE30 37,111 Increased By 45.7 (0.12%)
Markets Print 2019-12-18

Tel Aviv Stock Exchange seeks to broaden appeal

The Tel Aviv Stock Exchange (TASE) said on Tuesday it is considering a new plan to try to enhance liquidity and improve transparency to try to attract more ordinary investors.
Published 18 Dec, 2019 12:00am

The Tel Aviv Stock Exchange (TASE) said on Tuesday it is considering a new plan to try to enhance liquidity and improve transparency to try to attract more ordinary investors.

The plan would impose restrictions on off-exchange transactions and provide an incentive programme for market making in shares in the Tel Aviv 35 index, similar to those available in leading exchanges worldwide. TASE, which went public in August, has lost 40% of investors since 2010. With 447 traded companies at a market value of $215 billion, the exchange has been struggling with delistings and declining trading volumes.

In 2019, nearly 23% of the total volume of securities trading on TASE derived from transactions entered into off the exchange - some 80,000 a year, averaging 800,000 shekels ($231,000) per transaction.

Copyright Reuters, 2019

Comments

Comments are closed.