According to FUNDER website data,
68 mutual funds hold NIS 45.39 million worth of shares in the stock exchange
Funds that hold significant holdings in the stock – for the full list of holdings
The following is a change in the holdings of the mutual funds in the TASE share to move in the cell according to FUNDER-MVF data
The TASE will distribute a dividend in the amount of NIS 18.45 million, which constitutes approximately 0.1823 agorot per ordinary share. The date determining the eligibility for the dividend is 25.3.21 and the payment date will apply on 5.4.2020
• The stock exchange’s revenues for 2020 increased by 17% and amounted to NIS 304 million, compared with NIS 260 million in 2019.
• Profit more than doubled – amounted to NIS 36.9 million in 2020, compared with a profit of NIS 17.6 million in 2019.
• Adjusted EBITDA amounted to NIS 95 million in 2020, compared with NIS 63 million in the corresponding period last year.
• In 2020, 27 initial public offerings were made in which approximately NIS 4.6 billion was raised, the highest number since 2007. The volume of raising in the stock market amounted to close to NIS 17 billion, compared with approximately NIS 13.3 billion in the previous year.
• A sharp rise also in the bond market with the highest volume of raising in the last 20 years by the Israeli government due to the need to fund the government assistance program to deal with the Corona Desert.
Itai Ben Zeev, CEO of the Stock Exchange, said: “2020 was a significant year for the TASE with an increase in all parameters on the TASE – both in the level of joining new Israeli companies, mainly in the field of technology, in the range of new TASE services and products and in the general public’s interest and growth in trading cycles. .
The corona crisis, which led to great interest in the markets, met a renewed, advanced and more up-to-date stock exchange after three years of implementing a strategic plan in which we acted on three principles: reflecting the Israeli economy, increasing tradability and liquidity and expanding the basket of services.
These have allowed us continuous activity throughout the year and support for the extensive growth in market activity, including a growth of about 43% in the average daily trading volume in shares and the entry of many new investors. We are pleased that the momentum in activity will continue in the first quarter of 2021 with 30 new issues since the beginning of the year, with about two-thirds of them being high-tech companies and R&D partnerships and many dozens more expected to join in the coming months. ”
Tel Aviv Stock Exchange (Tel Aviv: Barça), Reported the financial results for the fourth quarter ended on 31.12.2020 and for 2020, in the full first year of the TASE as a public company, which began trading on the Tel Aviv Stock Exchange on August 1, 2019.
The TASE will distribute a dividend in the amount of approximately NIS 18.45 million, which constitutes approximately 0.1823 agorot per ordinary share. The date that determines eligibility for a dividend is 25.3.2021 and the date of payment will apply on 5.4.2021.
In 2020, 27 initial public offerings were made in the stock exchange, raising NIS 4.6 billion, according to the value of new companies in an issue of NIS 17 billion, the highest number since 2007. Of the new companies, 18 are high-tech companies, including 5 R&D partnerships. The volume of capital raised in the stock market amounted to NIS 16.8 billion in 2020, compared with NIS 13.3 billion in 2019. Since the beginning of 2021, the issuance trend of new companies has continued, with 30 new companies, including 21 high-tech companies and partnerships. Dozens of draft prospectuses are in the pipeline.
The bond market also saw a sharp increase in the volume of borrowings by the Israeli government as a result of the need to finance the government assistance program for businesses and households affected by the crisis, with gross borrowing of NIS 131 billion, compared with NIS 70 billion in the previous year. More than twenty years.
As part of its desire to expand the basket of services and diversify its revenues, this year launched a number of new products on the stock exchange, including the loan database launched in November and is in the initial stages, the TASE Data Hub system that allows access to stock exchange data in direct, accessible and fast connection. , The Smart money – a product that provides access for the first time to daily and historical information of the total purchases and sales of institutional entities and mutual funds in all securities traded on the stock exchange.
Alongside the day-to-day operations, the stock exchange will also focus in 2020 on the issue of environmental and social investments with a number of internal moves and new products. Among other things, it joined the UN initiative to encourage stock exchanges to operate in the ESG field and launched two new stock indices for green investments: Tel Aviv-Cleantech and Tel Aviv-125 Climate Fossil Fossil Fuels.
Here are the main results:
Revenues in the fourth quarter of 2020 amounted to NIS 77.5 million, compared with NIS 66.4 million in the corresponding quarter last year, an increase of 17%, mainly due to the increase in trading and clearing revenues. During the period, there was a 27% increase in revenues from trading and clearing commissions, which amounted to approximately NIS 33.5 million. It should be noted that the increase is largely explained by an increase in the number of trading days in the quarter as well as an increase in the effective commission rate.
An increase was also recorded in the other main items, including an increase in registration fees and fees of about 8% to the amount of NIS 15.3 million, an increase in clearing services of about 6% to an amount of about NIS 15 million and an increase of about 20% in the dissemination of information. And connectivity services for a total of NIS 12.9 million.
The stock exchange’s revenues for 2020 amounted to NIS 304.3 million, compared with revenues of NIS 260 million in 2019, an increase of about 17%, most of which is due to an increase in trading and clearing revenues. In 2020, there was an increase of approximately 28% in revenues from trading and clearing commissions, which amounted to approximately NIS 136.5 million, compared with a total of approximately NIS 107 million in 2019.
Most of the increase is due to the increase in trading volumes following the outbreak of the Corona virus, which after a period of uncertainty, created great interest on the part of institutional investors in new growth companies and on the other a significant increase in new stock market accounts, which led to significant investment in new high-tech companies. Trading on the stock exchange.
Another increase was also recorded in the other main items of activity, including an increase in registration fees and fees of about 10% to the amount of NIS 59.9 million, an increase in clearing services at a rate similar to NIS 57.5 million and an increase of about 14% in services and distribution of information and services. Connectivity in the amount of NIS 48.4 million.
Expenditure on the stock exchange amounted to NIS 63.7 million in the fourth quarter of 2020, net of the effect of expenses in respect of share-based payment. This compares with a total of NIS 62.4 million in the corresponding quarter last year, an increase of about 2%. Most of the increase is mainly due to an increase in marketing expenses and the timing of the launch dates of campaigns between the quarters.
Expenses in 2020, excluding the effect of expenses for share-based payment, amounted to NIS 254.2 million, compared with expenses of NIS 242 million in the corresponding period last year, an increase of only 5%, which is mostly due to an increase in employee benefits as a result of salary and remuneration updates. A variable affected by an increase in profit in 2020, an increase in marketing expenses and an increase in communication and computer expenses, in respect of new systems that have been activated.
Net financing income amounted to NIS 1.2 million in the fourth quarter of 2020, compared with net financing expenses of NIS 0.4 million in the fourth quarter of 2019.
Net financing expenses in 2020 amounted to NIS 0.6 million, compared with net financing income of NIS 9 million in 2019.
Adjusted profit (profit less expenses for share-based payments) amounted to NIS 11.5 million in the fourth quarter of 2020, compared with adjusted profit of NIS 3.2 million in the corresponding quarter last year, an increase of 255%, mainly due to an increase in service income. Most of the revenue comes from trading and clearing fees less an increase in expenses, mainly tax expenses.
Adjusted profit (profit excluding expenses for share-based payments) amounted to NIS 38.2 million in 2020, compared with adjusted profit in 2019, which amounted to NIS 21.4 million, an increase of 78%, mainly due to an increase in revenue from services, mostly From the income of trading and clearing fees less the increase in expenses resulting mainly from employee benefits, marketing expenses and computer and communication costs, as well as from the transition to financing expenses and an increase in tax expenses.
Adjusted EBITDA in the fourth quarter of 2020 amounted to NIS 25.9 million, compared with NIS 15.1 million in the corresponding quarter last year, an increase of 72%.
Adjusted EBITDA in 2020 amounted to NIS 95.1 million, compared with NIS 62.9 million in the corresponding period last year, most of which is due to an increase in service revenues, mostly from trading fees and clearing fees less expenses, mainly from employee benefits, marketing expenses and computer and communication costs.
Below is a link to the full financial statements for the fourth quarter and 2020 years>
Below is a link to the presentation of the financial statements for the fourth quarter and the year 2020>
This announcement does not replace what is stated in the Company’s periodic reports for the fourth and annual quarters of 2020, which include the full and accurate information.