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After announcing plans to expand its benchmark indices in January 2016, Tel Aviv Stock Exchange (TASE) announced today that the new indices methodology will be effective from 9th February, 2017.
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During the past year, the detailed rules for the new index methodology have been approved and formulated based on extensive discussions with market activists, institutional investors and public companies.
The weight cap on the TA-35, TA-125 and TA Banks-5 indices will be reduced ... (read more)