TA BlueTech Index

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The TA BlueTech Index is a stock market index all capitalised information technology and biotechnology companies listed on the Tel Aviv Stock Exchange (TASE). The index was launched on 3 April 2011 as the TA BlueTech-50 Index and replaced by the Tel-Tech Index and the Tel-Tech 15 Index. [1] In June 2014, as a result of changes in the criteria required for companies to be listed in the Index, its name was changed to "TA BlueTech Index".

Contents

History

The TA BlueTech-50 Index was launched as part of an effort by the Tel Aviv Stock Exchange to transform itself into a leading global exchange for high-tech companies and lure more overseas investment. Additionally, the Exchange has hoped to attract Israeli technology companies that historically been listing on the NASDAQ to list in TASE. The TA-Technology Index, which includes all the Information Technology companies listed on TASE, was launched at the same time. The TA-Biomed Index, which includes all the Biotechnology and Biomedical engineering companies om TASE was launched one year earlier. The BlueTech-50 included the 50 most highly capitalised companies from both indices. [2]

In May 2014, the Tel Aviv Stock Exchange launched a new Index called TA Tech-Elite Index, comprising all the companies listed on either TA-Biomed Index or TA-Technology Index with a market worth of at least 400 million NIS. Also, in order to attract new companies, it was decided that under some circumstances new companies will be allowed to be listed on Tech-Elite Index if their market worth is at least 200 million NIS.

In accordance with the launching of Tech-Elite, it was decided that the BlueTech index will include all companies listed on TA-Technology Index and TA-Biomed Index, starting 15 June 2014.

Constituents

Constituents of the TA BlueTech-50 Index as of 1 September 2011

NameSymbolSectorNotes
Allot Communications ALLT Communication systems Dual listed on NASDAQ
Alvarion ALVR Communication systems Dual listed on NASDAQ
AposenseAPOS Biomedical engineering
Arad GroupARD Water technology
Audiocodes AUDC Communication systems Dual listed on NASDAQ
Babylon BBYL Software
Bio-CellBCELBiotech holding company
BioLineRx BLRX Biomedical engineering Dual listed on NASDAQ
Brainsway BRIN Biomedical engineering
Camtek Intelligent ImagingCAMT Semiconductors Dual listed on NASDAQ
Can-Fite BioPharmaCFBI Biopharmaceuticals
Ceragon CRNT Communication systems Dual listed on NASDAQ
Clal BiotechCBI Biomedical engineering
Commtouch CTCH Software Dual listed on NASDAQ
Compugen CGEN Biomedical engineering Dual listed on NASDAQ
D-PharmDPRM Biomedical engineering
Elbit Systems ESLT Aerospace & Defense Dual listed on NASDAQ
Elron ELRN Holding company Dual listed on NASDAQ
Evogene EVGN Agrotechnology
EZchip EZCH Semiconductors Dual listed on NASDAQ
Formula Systems FORT Holding company Dual listed on NASDAQ
Gilat Satellite Networks GILT Communication systems Dual listed on NASDAQ
Given Imaging GIVN Medical imaging Dual listed on NASDAQ
Hilan TechHLTC Information technology
Intec PharmINTP Biomedical engineering
Itamar Medical ITMR Medical equipment
KamadaKMDA Biomedical engineering
LivePerson LPSN Software Dual listed on NASDAQ
Magic Software Enterprises MGIC Software Dual listed on NASDAQ
Matrix ITMTRX Information technology
MaytronicsMTRN Water technology
Mellanox MLNX Semiconductors Dual listed on NASDAQ
NICE Systems NICE Information technology Dual listed on NASDAQ
Nova Measuring Instruments NVMI Semiconductors Dual listed on NASDAQ
O.R. TechnologiesORTCFuel retail
ONE SoftwareONE Software
OrbitORBI Satellite communication
Orckit CommunicationsORCT Communication systems Dual listed on NASDAQ
Ormat ORMT Renewable energy Dual listed on NASDAQ
Perion Network PERI Software Dual listed on NASDAQ
PhotoMedex, Inc.PHMD Biomedical engineering Dual listed on NASDAQ
Pluristem Therapeutics PSTI Biomedical engineering Dual listed on NASDAQ
Prior-tech GroupPRTC Holding company
PROLOR BiotechPBTH Biomedical engineering Dual listed on AMEX
Protalix BioTherapeutics PLX Biomedical engineering Dual listed on AMEX
Radvision RVSN Communication systems Dual listed on NASDAQ
Retalix RTLX Software Dual listed on NASDAQ
Silicom Connectivity Solutions SILC Information technology Dual listed on NASDAQ
SpectronixSPCT Fire detection systems
Tower Semiconductor TSEM Semiconductors Dual listed on NASDAQ

See also

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References

  1. Appelberg, Shelly (April 5, 2011), "TA stock exchange launches new indexes", Haaretz, archived from the original on 2016-03-03, retrieved 2016-02-20
  2. Cohen, ova (December 28, 2010), "Tel Aviv bourse seeks to become high-tech center", Reuters, archived from the original on March 11, 2016, retrieved July 5, 2021