ACADEMIA
Mellanox Joins the TA-25 Index on the TASE
- Written by: Cat
- Category: ACADEMIA
TA-25 Index Tracks Companies with Largest Market Cap Listed on the Tel Aviv Stock Exchange
Mellanox Technologies has been notified by the Tel Aviv Stock Exchange that Mellanox will be included in the Tel Aviv-25 Index (TA-25), effective December 15, 2011. The prestigious TA-25 index tracks the prices of the shares of the 25 companies with the highest market capitalization on the exchange. It serves as an underlying asset for options and futures, Index-Linked Certificates and Reverse Certificates traded on the exchange and worldwide. The TA-25 Index accounts for over 65% of the Exchange's total market capitalization. Mellanox is also included in the Tel Aviv Stock Exchange TA-100, TA BlueTech-50, and the Tech Index. The TA-25 Index is the TASE's flagship index.
“We are honored to have our shares included in the TA-25, the Tel Aviv Stock Exchange's most closely-tracked index,” said Eyal Waldman, chairman, president and CEO of Mellanox Technologies. “Joining the highly ranked index in the Israeli Stock Exchange reflects Mellanox's success and the recognition it receives by the capital market. This milestone is significant for Mellanox, its employees and its shareholders.”