Archive: 10/16/2012
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10:20
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News Brief

  10/16/2012, Tishrei 30, 5773

Tel Aviv Stocks Open on a Positive Note


Most of the featured indices on the Tel Aviv Stock Exchange opened trading, Tuesday, with modest to sharp gains. About a quarter of an hour into the session, the TA Composite Index stood at 1,079.61, up .35 percent, while the TA 100 rose .38 percent to 1,092.27, including a .33-percent rise to 1,232.88 by the Maof 25 most-widely-invested issues.

The insurance stocks led the gainers, jumping 2.97 percent to 1,056.55, bringing the financial institutions to 988.41, up 1.23 percent, including a .56-percent gain to 1,102.29 by the bank index. The same percentage increase meant a posting of 1,058.20 by the oil and natural-gas issues and the Ma'ala organization's index of socially-responsible companies climbed 1.09 percent to 839.29. The real-estate stocks stood at 287.04, up .49 percent, and the biomed index edged up .07 percent to 759.65, while the rest of the technology issues slipped .04 percent to 354.24. The communications and media stocks stood at 507.11, down .79 percent.