Most indexes on the Tel Aviv Stock Exchange closed slightly lower on Monday. The Maof 25 most-widely-invested issues slipped .39 percent to 1,122.33, bringing the TA 100 to 1,039.48, down .54 percent. The Teltech index dropped .27 percent to 230.31 and the Financial Institutions index closed at 1,176.40, down .77 percent.

More moderate losses were reported on the Real Estate index, which dropped 1.75 percent to 298.17.