Daily Israel Report
17:19
Reported

News Brief

  9/23/2012, Tishrei 7, 5773

Modest to Sharp Gains for Tel Aviv Stocks


The Tel Aviv Stock Exchange opened the second of four-straight holiday-shortened weeks, Sunday, with modest to sharp gains. The TA Composite Index closed at 1,016.34, up .96 percent, while the TA 100 rose .99 percent to 1,026.94, including a nine-tenths of a percent advance to 1,148.54 by the Maof 25 most-widely-invested issues.

Leading the gainers were the insurance stocks, which climbed 4.67 percent to 853.38, as the financial institutions finished the day at 832.76, up 2.64 percent, including a 2.44-percent jump to 918.72 by the bank index. Next came the communications and media issues, which closed at 477.90, up 2.17 percent, followed by the Ma'ala organization's socially-responsible companies, which rose 1.81 to 749.90. The biomed stocks finished the day at 729.73, up 1.31 percent, while the rest of the technology index rose half a percent to 360.46. The real-estate issues closed at 255.68, up a percent, while the oil and natural gas issues finished the day at 975.89, up .08 percent.