TA BlueTech-50 Index
Encyclopedia
The TA BlueTech-50 Index is a stock market index
of the 50 most highly capitalised Information technology
and Biotechnology
companies listed on the Tel Aviv Stock Exchange
(TASE). The index was launched on 3 April 2011 and replaced the Tel-Tech 15 Index.
to transform itself into a leading global exchange for high-tech companies and lure more overseas investment. Additionally, the Exchange is hoping to attract Israeli technology companies that historically been listing on the NASDAQ
to list in TASE. Two other indices were launched at the same time, the TA-Technology Index, which includes all the Information Technology
companies listed on TASE and TA-Biomed Index, which includes all the Biotechnology
and Biomedical engineering
companies om TASE; The BlueTech-50 includes all the most highly capitalised companies from both indices.
Stock market index
A stock market index is a method of measuring a section of the stock market. Many indices are cited by news or financial services firms and are used as benchmarks, to measure the performance of portfolios such as mutual funds....
of the 50 most highly capitalised Information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
and Biotechnology
Biotechnology
Biotechnology is a field of applied biology that involves the use of living organisms and bioprocesses in engineering, technology, medicine and other fields requiring bioproducts. Biotechnology also utilizes these products for manufacturing purpose...
companies listed on the Tel Aviv Stock Exchange
Tel Aviv Stock Exchange
The Tel Aviv Stock Exchange in Tel Aviv is Israel's only stock exchange.The TASE is the only public market for trading securities in Israel. It plays a major role in the Israeli economy....
(TASE). The index was launched on 3 April 2011 and replaced the Tel-Tech 15 Index.
Overview
The TA BlueTech-50 Index was launched as part of an effort by the Tel Aviv Stock ExchangeTel Aviv Stock Exchange
The Tel Aviv Stock Exchange in Tel Aviv is Israel's only stock exchange.The TASE is the only public market for trading securities in Israel. It plays a major role in the Israeli economy....
to transform itself into a leading global exchange for high-tech companies and lure more overseas investment. Additionally, the Exchange is hoping to attract Israeli technology companies that historically been listing on the NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
to list in TASE. Two other indices were launched at the same time, the TA-Technology Index, which includes all the Information Technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
companies listed on TASE and TA-Biomed Index, which includes all the Biotechnology
Biotechnology
Biotechnology is a field of applied biology that involves the use of living organisms and bioprocesses in engineering, technology, medicine and other fields requiring bioproducts. Biotechnology also utilizes these products for manufacturing purpose...
and Biomedical engineering
Biomedical engineering
Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve...
companies om TASE; The BlueTech-50 includes all the most highly capitalised companies from both indices.
Current constituents
Current constituents of the TA BlueTech 50 Index as of 1 September 2011| Name | Symbol | Sector | Notes |
| Allot Communications | ALLT | Communication systems | Dual listed on NASDAQ |
| Alvarion Alvarion Alvarion Ltd. , is a 4G communications company. The company manufactures and exports a range of network solutions, including WiMAX, IEEE, PtMP, TD-LTE and WiFi to service providers and enterprises covering a variety of industries such as mobile broadband, residential and business broadband,... |
ALVR | Communication systems | Dual listed on NASDAQ |
| Aposense | APOS | Biomedical engineering Biomedical engineering Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve... |
|
| Arad Group | ARD | Water technology | |
| Audiocodes AudioCodes AudioCodes Ltd. designs, develops, and sells products for voice, data, and video over IP networks. The company is an early pioneer of the VoIP industry having shipped VoIP solutions as early as 1995.-Company history:... |
AUDC | Communication systems | Dual listed on NASDAQ |
| Babylon (program) Babylon Babylon was an Akkadian city-state of ancient Mesopotamia, the remains of which are found in present-day Al Hillah, Babil Province, Iraq, about 85 kilometers south of Baghdad... |
BBYL | Software | |
| BioLineRx BioLineRx BioLineRx , or BioLine, is a publicly traded drug development company that seeks to discover compounds for disease treatment and develop them into commercializable drugs... |
BLRX | Biomedical engineering Biomedical engineering Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve... |
Dual listed on NASDAQ |
| Brainsway | BRIN | Biomedical engineering Biomedical engineering Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve... |
|
| Camtek Intelligent Imaging Camtek Intelligent Imaging Camtek Ltd. is an Israel-based manufacturer of automated optical inspection systems and related products. Products are used by semiconductor fabs, test and assembly houses, and and printed circuit board manufacturers... |
CAMT | Semiconductors | Dual listed on NASDAQ |
| Ceragon Ceragon Ceragon Networks Ltd. provides high-capacity microwave Ethernet and TDM wireless backhaul solutions to wireless service providers as well as private businesses... |
CRNT | Communication systems | Dual listed on NASDAQ |
| Clal Biotech | CBI | Biomedical engineering Biomedical engineering Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve... |
|
| Commtouch Commtouch Commtouch is an Internet security technology company founded in 1991. The company is headquartered in Netanya, Israel, with a subsidiary in Sunnyvale, California.... |
CTCH | Software | Dual listed on NASDAQ |
| Compugen | CGEN | Biomedical engineering Biomedical engineering Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve... |
Dual listed on NASDAQ |
| D-Pharm | DPRM | Biomedical engineering Biomedical engineering Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve... |
|
| Elbit Systems Elbit Systems Elbit Systems Ltd. is one of the world's largest defense electronics manufacturers and integrators. Established in 1967, and based in Haifa, Israel, Elbit employs 11,000 people worldwide.... |
ESLT | Aerospace Aerospace Aerospace comprises the atmosphere of Earth and surrounding space. Typically the term is used to refer to the industry that researches, designs, manufactures, operates, and maintains vehicles moving through air and space... & Defense Defense industry The defense industry, also called the military industry, comprises government and commercial industry involved in research, development, production, and service of military materiel, equipment and facilities... |
Dual listed on NASDAQ |
| Elron | ELRN | Holding company Holding company A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow... |
Dual listed on NASDAQ |
| Evogene | EVGN | Agrotechnology | |
| EZchip | EZCH | Semiconductors | Dual listed on NASDAQ |
| Formula Systems Formula Systems Formula Systems is a publicly traded holding company headquartered in Or Yehuda, Israel. Through its subsidiaries it operates mainly in the area of information technology. Shares of Formula Systems are traded on the NASDAQ Global Select Market and on the Tel Aviv Stock Exchange... |
FORT | Holding company Holding company A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow... |
Dual listed on NASDAQ |
| Fundtech | FNDT | Software | Dual listed on NASDAQ |
| Gilat Satellite Networks Gilat Satellite Networks Gilat Satellite Networks is a public company headquartered in Israel that develops and sells VSAT satellite ground stations and related equipment... |
GILT | Communication systems | Dual listed on NASDAQ |
| Given Imaging Given Imaging Given Imaging is an Israeli medical technology company that manufactures and markets diagnostic products for the visualization and detection of disorders of the gastrointestinal tract.... |
GIVN | Medical imaging Medical imaging Medical imaging is the technique and process used to create images of the human body for clinical purposes or medical science... |
Dual listed on NASDAQ |
| Hilan Tech | HLTC | Information technology Information technology Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications... |
|
| IncrediMail | Software | Dual listed on NASDAQ | |
| Intec Pharm | INTP | Biomedical engineering Biomedical engineering Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve... |
|
| Itamar Medical | ITMR | Medical equipment Medical equipment Medical equipment is designed to aid in the diagnosis, monitoring or treatment of medical conditions.-Types:There are several basic types:* Diagnostic equipment includes medical imaging machines, used to aid in diagnosis... |
|
| Kamada | KMDA | Biomedical engineering Biomedical engineering Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve... |
|
| LivePerson LivePerson LivePerson is a publicly held online marketing, web analytics, and expert advice company based in New York City with offices in London, Tel Aviv, San Francisco and Atlanta... |
LPSN | Software | Dual listed on NASDAQ |
| Magic Software Enterprises Magic Software Enterprises Magic Software Enterprises is an international software company ranked in the Software 500 by Software Magazine. International headquarters are in Or Yehuda, Israel while the North American headquarters are in Laguna Hills, California and the European main office is located in Houten,... |
MGIC | Software | Dual listed on NASDAQ |
| Matrix IT | MTRX | Information technology Information technology Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications... |
|
| Maytronics | MTRN | Water technology | |
| Mellanox | MLNX | Semiconductors | Dual listed on NASDAQ |
| Ness Technologies Ness Technologies Ness Technologies is an Israel-based global provider of IT services and solutions.-History:Ness Technologies was established in 1999 in Tel Aviv, Israel. The company provides information technology and business planning services in North America, Europe, the Middle-East, and the Asia Pacific... |
NSTC | Software | Dual listed on NASDAQ |
| NICE Systems NICE Systems NICE Systems Ltd. , together with its subsidiaries, provides solutions that enable enterprises and security organizations to extract insight from interactions, transactions and surveillance.... |
NICE | Information technology Information technology Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications... |
Dual listed on NASDAQ |
| Nova Measuring Instruments Nova Measuring Instruments Nova Measuring Instruments is a publicly traded company, headquartered in Israel, that designs, develops and produces monitoring and measurement systems for the semiconductor manufacturing industry... |
NVMI | Semiconductors | Dual listed on NASDAQ |
| ONE Software | ONE | Software | |
| Ophir Optronics | OPIR | Semiconductors | |
| Orckit Communications | ORCT | Communication systems | Dual listed on NASDAQ |
| Ormat | ORMT | Renewable energy Renewable energy Renewable energy is energy which comes from natural resources such as sunlight, wind, rain, tides, and geothermal heat, which are renewable . About 16% of global final energy consumption comes from renewables, with 10% coming from traditional biomass, which is mainly used for heating, and 3.4% from... |
Dual listed on NASDAQ |
| Pluristem Therapeutics Pluristem Therapeutics Pluristem Therapeutics is an Israeli company engaged in the development of human placental adherent stromal cells for commercial use in disease treatment... |
PSTI | Biomedical engineering Biomedical engineering Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve... |
Dual listed on NASDAQ |
| Prior-tech Group | PRTC | Holding company Holding company A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow... |
|
| PROLOR Biotech | PBTH | Biomedical engineering Biomedical engineering Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve... |
Dual listed on AMEX |
| Protalix BioTherapeutics | PLX | Biomedical engineering Biomedical engineering Biomedical Engineering is the application of engineering principles and design concepts to medicine and biology. This field seeks to close the gap between engineering and medicine: It combines the design and problem solving skills of engineering with medical and biological sciences to improve... |
Dual listed on AMEX |
| Radvision | RVSN | Communication systems | Dual listed on NASDAQ |
| Retalix | RTLX | Software | Dual listed on NASDAQ |
| Sapiens International Corporation Sapiens International Corporation Sapiens International Corporation is a publicly traded company, headquartered in Israel, that develops computer software solutions for the insurance industry... |
SPNS | Software | Dual listed on NASDAQ |
| Silicom | SILC | Information technology Information technology Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications... |
Dual listed on NASDAQ |
| Spectronix | SPCT | Fire detection systems | |
| Tower Semiconductor Tower Semiconductor Tower Semiconductor Ltd. , global specialty foundry leader and its fully owned U.S. subsidiary Jazz Semiconductor, operate collectively under the brand name TowerJazz, manufacturing integrated circuits with geometries ranging from 1.0 to 0.13-micron... |
TSEM | Semiconductors | Dual listed on NASDAQ |
See also
- Economy of IsraelEconomy of IsraelThe economy of Israel is a technologically advanced market economy, including a rapidly-developing high-tech and service sectors. As of 2010, Israel has the 24th largest economy in the world, and ranks 15th among 169 world nations on the UN's Human Development Index, which places it in the category...
- Silicon WadiSilicon WadiSilicon Wadi is an area with a high concentration of high-tech industries in the coastal plain in Israel, similar to Silicon Valley in California, in the United States. Silicon Wadi is considered second in importance only to its Californian counterpart...
- List of Israeli companies quoted on the Nasdaq