News Briefs

  Iyar 23, 5772 , 15/05/12

Tel Aviv Stocks Down in Mixed Trading at Start

Prices were slightly down in mixed trading at the start of business, Tuesday morning at the Tel Aviv Stock Exchange. About a quarter of an hour into the session, the TA Composite index stood at 1,009.64, down .08 percent, and the TA 100 index slipped .06 percent to 1,019.86, despite a .06-percent rise by the Maof 25 most-widely-invested issues.

On the heels of news that the Cellcom cellular phone company's profits had dived .43 percent in the first quarter, the communications and media stocks fell 2.77 percent to 560.60. Other actions was more modest; the banking index rising .83 percent to 969.72 as the financial institutions stood at 900.83, up .45 percent, including a three tenths of a percent drop to 1,019.96 by the insurance issues. The oil and natural gas stocks rose .55 percent to 1,220.93 and most of the technology index stood at 340.32, up .49 percent, while the biomed issues declined .28 percent to 769.01. The real estate stocks were up .24 percent at 284.72.

Other archived news briefs:May 15 2012, 10:19 AM, 5/15/2012