Archive: 2/20/2012
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10:08
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News Brief

  2/20/2012, Shevat 27, 5772

Modest Gains Mark Start of TA Stock Trading


All the indices at the Tel Aviv Stock Exchange posted modest gains in the opening moments of trading, Monday morning. The TA Composite Index rose .32 percent to 1,005.82, while the TA 100 stood at 1,017.44, up .34 percent, including a .36 percent gain to 1,115.49 by the Maof 25 most-widely-invested issues.

Leading the way were the oil and natural gas stocks, which rose an average of .94 percent to 1,270.42, followed by the real estate index, which stood at 285.75. The communications and media issues rose .24 percent to 676.74, while the same percentage meant a 923.09 posting for the financial institutions, including a .28 percent rise to 1,008.65 by the bank stocks and a quarter of a percent advance by the insurance index to 1,040.46. Most of the technology issues rose .23 percent to 297.41, while the biomed stocks stood at 749.18, up .14 percent.

The Strauss group, which fell 3.49 percent on Sunday because of the Pesek Zeman protest, rose .05 percent to 44.20 shekels.