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 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.
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.
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.