Wednesday 22 December 2021

Company listings on Tel Aviv bourse jump in 2021 to most in 9 years | Reuters

Company listings on Tel Aviv bourse jump in 2021 to most in 9 years | Reuters

The number of companies traded on the Tel Aviv Stock Exchange (TASE) reached a nine-year high in 2021, while daily turnover was its highest in more than a decade, the bourse said on Wednesday.

Some 540 companies are listed on the TASE, 53 of them dual listed in New York and on other exchanges. During the year, 97 companies listed, 55 of them high-tech, for the most annual listings since 1993, the exchange said in a report.

Listings peaked at 654 companies in 2007.

About 26 billion shekels ($8.2 billion) was raised in public companies on the TASE this year, up from nearly 17 billion in 2020.

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