The TA 25 Index will add 10 more companies to become the TA 35 Index.
The Tel Aviv Stock Exchange (TASE) is planning a substantial change to its major indices starting in 2016 in the hope of encouraging increased trading volumes. The blue chip Tel Aviv 25 Index, the index of the largest 25 companies trading on the market, will be expanded to 35 companies, becoming the Tel Aviv 35 Index. There will be similar expansions with the Tel Aviv 75 Index becoming the Tel Aviv 90 Index, and the Tel Aviv 100 Index becoming the Tel Aviv 125 Index.
While the Tel Aviv 35 and 90 indices will be according to company's market cap, the Tel Aviv 50 Index, which is according to the size of the public's holdings, will become the Tel Aviv 60.
Published by Globes [online], Israel business news - www.globes-online.com - on August 9, 2015
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