Archive: 2/12/2012
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17:46
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News Brief

  2/12/2012, Shevat 19, 5772

Modest to Sharp Gains for Tel Aviv Stocks


The Tel Aviv Stock Exchange returned, Sunday from being idled by the general strike that started last week, posting modest to sharp gains. The TA composite index finished the new week's first day of trading at 1,008.45, up .24 percent, while the TA 100 rose .28 percent to 1,018.71, including a .36 percent advance by the Maof 25 most-widely-invested issues to 1,121.00.

Leading the way were the bank stocks, which rose 2.34 percent to 1,015.36, as the financial institutions closed at 929.79, up 1.51 percent, including a seven-tenths of a percent rise by the insurance index. Most of the technology stocks rose an average of 1.05 percent to 290.95, while the biomed issues closed at 764.32, up .07 percent. The real-estate index rose .88 percent to 284.48, while the oil and natural gas stocks closed at 1,270.87. The communications stocks were unchanged at 703.46.