News Briefs

  Tishrei 23, 5773 , 09/10/12

Tel Aviv Stocks Open on a Negative Note

Modest to moderate losses were recorded on most indices of the Tel Aviv Stock Exchange, Tuesday morning, as trading resumed, following the Sukkot-Shemini Atzeret/Simchat Torah holiday. About half an hour into the session the TA Composite Index stood at 1,067.63, down .68 percent, while the TA 100 declined .71 percent to 1,079.43, including a six tenths of one percent drop by the Maof 25 most-widely-invested issues.

On the positive side, the oil and natural-gas stocks climbed 1.33 percent to 1,051.58, followed by the communications and media index at 483.50, up nine tenths of a percent. The bank issues rose .13 percent to 1,030.32 as the financial institutions slipped a tenth of a percent to 918.29, including a 1.3-percent drop by the insurance stocks. The real-estate index declined .45 percent to 275.78, while the biomed issues stood at 762.52, down .61 percent, and the rest of the technology stocks slumped 1.79 percent to 356.55.

Other archived news briefs:Oct 09 2012, 10:36 AM, 10/9/2012