Archive: 11/12/2012
Daily Israel Report
10:30
Reported

News Brief

  11/12/2012, Cheshvan 27, 5773

Tel Aviv Stocks Open with Modest Gains


Most of the indices on the Tel Aviv Stock Exchange opened trading, Monday morning, with modest gains. About a quarter of an hour into the session, the TA Composite Index stood at 1,060.77, up .19 percent, while the TA 100 rose a fifth of a percent to 1,069.48, including a .23-percent advance by the Maof 25 most-widely-invested issues.

Off news of additional potential in Israel's offshore fields, the oil and natural-gas stocks led the gainers, rising half a percent to 1,095.15, followed by most of the technology index, which stood at 341.54, up .36 percent, while the biomed issues advanced .21 percent to 769.38. The real-estate stocks stood at 287.00, up three tenths of a percent, followed by the communications and media index, which rose .26 percent to 521.61. The bank issues advanced .18 percent to 1,082.82 as the financial institutions slipped .07 percent to 991.73, including a .59-percent decline to 1,078.26 by the insurance stocks.