Daily Israel Report
16:51
Reported

News Brief

  3/1/2012, Adar 7, 5772

Modest to Moderate Gains for Tel Aviv Stocks


Most of the indices on the Tel Aviv Stock Exchange posted modest to moderate gains at the end of trading on Thursday. The TA Composite index closed at 988.16, up .92 percent. The same percentage increase was good for a 999.19 close by the TA 100, including a .98 percent rise to 1,091.98 by the Maof 25 most-widely invested issues.

Leading the gainers were the communications and media stocks, which rose 1.12 percent to 661.61, followed by the oil and natural gas index, which finished the day and the trading week at 1,194.07, up 1.09 percent on the day . With bank issues climbing .67 percent to 922.79, the financial institutions advanced .58 percent to 840.93, despite a .54 percent decline by the insurance stocks to 928.38, and the real estate index rose .66 percent to 275.65. Most of the technology issues closed at 298.17, up. .38 percent, while the biomed issues rose .37 percent to 728.28.