Direct Answer
The TA-SME60 is a rule-based measurement of top 60 small and medium enterprises listed on the tel aviv stock exchange, maintained by Tel Aviv Stock Exchange. Like every index it owns nothing: it is a number produced by applying a published weighting formula to a selected list of companies, revised on a schedule the provider sets.
What this index covers
The TA-SME60 covers top 60 small and medium enterprises listed on the tel aviv stock exchange, within the Israel market. Tel Aviv Stock Exchange defines which securities are eligible, how they are selected from that pool, and how much each one contributes to the published number.
The name states a target of 60 companies. A target is not a guarantee of the exact count on any given day: corporate actions, dual share classes and pending additions all move the real number around it.
How constituents are weighted
Swoopr has not verified the weighting method for this index against Tel Aviv Stock Exchange's current methodology document, so none is stated here rather than guessed. The provider link below is authoritative.
Current TA-SME60 constituents
Tel Aviv Stock Exchange publishes and licenses the TA-SME60 constituent list. Swoopr does not republish it here. The provider's own page is the authoritative source for current membership and weights.
Related reading
- All stock market indexes: how indexes are built, weighted and revised.
- Emerging Markets indexes: others covering the same region.
- Index concentration: measuring how much of an index sits in its largest holdings.
- Index rebalancing and inclusion effects: what happens to a stock when index membership changes.
Frequently Asked Questions
Who maintains the TA-SME60?
Tel Aviv Stock Exchange maintains the TA-SME60 and publishes the methodology document that defines its eligibility and weighting rules.
What does the TA-SME60 measure?
It measures top 60 small and medium enterprises listed on the tel aviv stock exchange. The index is a calculated number applying a weighting formula to a selected list of companies, and it holds nothing itself.
Where can I see the current TA-SME60 constituents?
Tel Aviv Stock Exchange publishes the current constituent list. Swoopr does not republish it, because index providers license constituent data and Swoopr holds no such licence.