D&B Israel: 10% of TASE co at risk of closure

The aggregate market cap of all 648 TASE-listed companies is NIS 450 billion.

10% of companies listed on Tel Aviv Stock Exchange (TASE) are at risk of closure, i.e. their existence as a going concern is at risk. Another third of TASE-listed companies are liable to face financial difficulties, says D&B Israel in a risk survey of public companies.

The survey states that the aggregate market cap of all 648 TASE-listed companies is NIS 450 billion. 582 companies have stocks traded on the TASE, and 66 companies have bonds traded.

Published by Globes [online], Israel business news - www.globes.co.il - on October 9, 2005

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