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News Brief

  9/27/2012, Tishrei 11, 5773

Moderate Gains for Tel Aviv Stocks


Most of the indices on the Tel Aviv Stock Exchange closed the second of four straight holiday-shortened trading weeks, Thursday, with modest to sharp gains. The TA Composite Index closed at 1,042.53, up 1.14 percent, while the TA 100 rose 1.23 percent to 1,054.58, including a 1.91-percent jump to 1,189.25 by the Maof 25 most-widely-invested issues.

Leading the gainers were the bank stocks, which climbed 3.62 percent to 979.31 as the financial institutions finished the day at 876.67, up 2.25 percent, tempered by a gain of only .14 percent to 889.46 by the insurance index. The real-estate issues rose 2.1 percent to 268.27, followed by the Maala organization's index of socially-responsible companies, which closed at 779.37, up 1.78 percent. The oil and natural gas stocks advanced .93 percent to 991.86, while most of the technology index plunged 2.04 percent to 354.20 and the biomed issues closed at 733.90, down six tenths of a percent.