| Name: The AMIDEX35 Index
Code: AMDEX
Description: The AMIDEX35 Index is an equity benchmark for Israeli companies traded on the Tel Aviv Stock Exchange (TASE) and on Wall Street.
Rationale: The primary Israeli benchmarks, the TA25 and the TA100, are calculated and published by the Tel Aviv Stock Exchange, and focus only on the stocks of Israeli companies traded in Israel. These existing benchmarks therefore fail to capture the impact of the billions of dollars currently invested in other Israeli companies traded in the U.S.
Background: The Index accommodates two different time zones, currencies, trading rules, price measuring methods and tax systems. The Index-participating companies represent about 60% of the value of all publicly traded Israeli companies in a broad array of sectors, from banking to high-tech, from retail to pharmaceuticals, from telecommunications to chemicals.
Methodology: The AMIDEX35™ is a market capitalization weighted index, consisting of the 35 highest capitalized Israeli companies publicly traded on the TASE, NASDAQ, or NYSE. Bloomberg L.P. independently calculates and publishes the AMIDEX35™ Index. |
