Archive: 10/4/2012
Daily Israel Report
More

Zion's Corner Blogs

15:46
Reported

News Brief

  10/4/2012, Tishrei 18, 5773

Tel Aviv Stocks Slip in Mixed Trading


The Tel Aviv Stock Exchange finished the third of four straight holiday-shortened trading weeks, Thursday, with modest losses in mixed trading. The Tel Aviv Composite Index closed at 1,074.93, down .04 percent from Wednesday, while the TA 100 declined .13 percent to 1,087.15, including a .29-percent drop by the Maof 25 most-widely-invested issues. The 50 stocks just outside the TA 100 rose 1.54 percent to 378.25.

The biomed stocks were the leading sector among the gainers, climbing 1.36 percent to 767.22, while the rest of the technology index finished the day at 363.04, up 1.14 percent. The oil and natural-gas issues rose .98 percent to 1,037.78, while the communications and media stocks closed at 478.72, up .33 percent. Worst hit among the losers was the bank index, which fell 2.17 percent to 1,029.00 as the financial institutions finished the day at 919.24, down 1.9 percent, including a decline of .74 percent to 958.72 by the insurance issues. The real-estate index declined three quarters of a percent to 277.02.