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. 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 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.
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
Name Symbol Sector Notes Allot CommunicationsALLTCommunication systemsDual listed on NASDAQ AlvarionALVRCommunication systemsDual listed on NASDAQ AposenseAPOSBiomedical engineering Arad GroupARDWater technology AudiocodesAUDCCommunication systemsDual listed on NASDAQ BabylonBBYLSoftware Bio-CellBCELBiotech holding company BioLineRx BLRXBiomedical engineeringDual listed on NASDAQ Brainsway BRINBiomedical engineering Camtek Intelligent ImagingCAMTSemiconductorsDual listed on NASDAQ Can-Fite BioPharmaCFBIBiopharmaceuticals CeragonCRNTCommunication systemsDual listed on NASDAQ Clal BiotechCBIBiomedical engineering CommtouchCTCHSoftwareDual listed on NASDAQ CompugenCGENBiomedical engineeringDual listed on NASDAQ D-Pharm DPRMBiomedical engineering Elbit SystemsESLTAerospace & DefenseDual listed on NASDAQ ElronELRNHolding companyDual listed on NASDAQ Evogene EVGNAgrotechnology EZchip EZCHSemiconductorsDual listed on NASDAQ Formula SystemsFORTHolding companyDual listed on NASDAQ Gilat Satellite NetworksGILTCommunication systemsDual listed on NASDAQ Given ImagingGIVNMedical imagingDual listed on NASDAQ Hilan TechHLTCInformation technology Intec PharmINTPBiomedical engineering Itamar MedicalITMRMedical equipment Kamada KMDABiomedical engineering LivePersonLPSNSoftwareDual listed on NASDAQ Magic Software EnterprisesMGICSoftwareDual listed on NASDAQ Matrix IT MTRXInformation technology Maytronics MTRNWater technology Mellanox MLNXSemiconductorsDual listed on NASDAQ NICE SystemsNICEInformation technologyDual listed on NASDAQ Nova Measuring InstrumentsNVMISemiconductorsDual listed on NASDAQ O.R. TechnologiesORTCFuel retail ONE Software ONESoftware OrbitORBISatellite communication Orckit CommunicationsORCTCommunication systemsDual listed on NASDAQ OrmatORMTRenewable energyDual listed on NASDAQ Perion NetworkPERISoftwareDual listed on NASDAQ PhotoMedex, Inc.PHMDBiomedical engineeringDual listed on NASDAQ Pluristem TherapeuticsPSTIBiomedical engineeringDual listed on NASDAQ Prior-tech GroupPRTCHolding company PROLOR BiotechPBTHBiomedical engineeringDual listed on AMEX Protalix BioTherapeuticsPLXBiomedical engineeringDual listed on AMEX RadvisionRVSNCommunication systemsDual listed on NASDAQ RetalixRTLXSoftwareDual listed on NASDAQ Silicom Connectivity SolutionsSILCInformation technology Dual listed on NASDAQ Spectronix SPCTFire detection systems Tower SemiconductorTSEMSemiconductorsDual listed on NASDAQ
See also Economy of Israel Silicon Wadi List of Israeli companies quoted on the Nasdaq
References
External links TASE web site