The TA BlueTech Index is a

stock market index In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the ...

all

capitalised Capitalization (American English) or capitalisation (British English) is writing a word with its first letter as a capital letter (uppercase letter) and the remaining letters in lower case, in writing systems with a case distinction. The term a ...

information technology Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system (I ...

and

biotechnology Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used b ...

companies listed on the

Tel Aviv Stock Exchange The Tel Aviv Stock Exchange (TASE; ; colloquially known as The Bursa, ) is Israel's only public stock exchange and a public company that has been traded on the Tel-Aviv Stock Exchange since August 1, 2019. Legally, the exchange is regulated by ...

(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. 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".

History

The TA BlueTech-50 Index was launched as part of an effort by the

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 The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

to list in

TASE The Tel Aviv Stock Exchange (TASE; ; colloquially known as The Bursa, ) is Israel, Israel's only public stock exchange and a public company that has been traded on the Tel-Aviv Stock Exchange since August 1, 2019. Legally, the exchange is regul ...

. The TA-Technology Index, which includes all the

Information Technology Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system (I ...

companies listed on TASE, was launched at the same time. The TA-Biomed Index, which includes all the

Biotechnology Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used b ...

and

Biomedical engineering Biomedical engineering (BME) or medical engineering is the application of engineering principles and design concepts to medicine and biology for healthcare purposes (e.g., diagnostic or therapeutic). BME is also traditionally logical sciences ...

companies om TASE was launched one year earlier. The BlueTech-50 included the 50 most highly

companies from both indices. In May 2014, the

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 Nis, Niš, NiS or NIS may refer to: Places * Niš, a city in Serbia * Nis, Iran, a village * Ness, Lewis ( gd, Nis, links=no), a village in the Outer Hebrides islands Businesses and organizations * Naftna Industrija Srbije, Petroleum Industry o ...

. 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

References

{{Reflist

External links

TASE web site
Tel Aviv Stock Exchange Israeli stock market indices

History

Constituents

See also

References

External links