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      Archive: 1/15/2012
      16:50
      Reported

      News Brief

        1/15/2012, Tevet 20, 5772

      Unhealthy Sunday for Tel Aviv Stocks


      Most of the major indices on the Tel Aviv Stock Exchange recorded moderate losses at the end of trading on Sunday. The TA composite index fell 1.66 percent to 999.75 while the TA 100 closed at 1,007.34, down 1.72 percent, including a 1.89 percent drop to 1,107.26 by the Maof 25 most-widely-invested issues. The 50 stocks outside the TA 100 finished the week's first day of trading at 363.20, down 1.09 percent.

      The lone bright spot was the insurance index, which jumped 2.54 percent to 1,206.50, a gain offset by a 2.52 percent plunge by the communications issues to 720.88. Worst  were the oil and natural gas stocks, which fell 3.54 percent to 1,270.48, followed by the bank index, which declined 2.7 percent to 966.17 as the financial institutions closed at 914.95, down .95 percent. The real estate issues finished the day at 273.37. While the biomed stocks slipped .08 percent to 783.41, the rest of the technology index closed at 281.84, down 1.7 percent.