10:38
Reported

News Brief

  12/3/2012, Kislev 19, 5773

Positive Start for Tel Aviv Stocks


Most of the indices on the Tel Aviv Stock Exchange picked up, Monday morning, where they left off, Sunday evening, posting modest gains in the first half hour of trading. The TA Composite Index stood at 1,087.98, up .43 percent, while the TA 100 rose .45 percent to 1,094.85, including a .42-percent hike to 1,237.54 by the Maof 25 most-widely-invested issues. The 50 stocks just outside the TA 100 stood at 422.21, up .55 percent.

Following news that Australia's Woodside Petroleum had bought a 30 percent share in the Leviathan natural gas field, the oil and natural-gas index leaped 4.45 percent to 1,207.43. The financial institutions stood at 1,055.23, up .87 percent, including a .68-percent advance to 1,139.65 by the bank issues, while the insurance stocks stood at 1,164.71, up .39 percent. The real-estate index rose .45 percent to 303.38 and the biomed issues stood at 805.51, up .23 percent, while the rest of the technology stocks slipped .17 percent to 351.15. The communications and media index stood at 552.92, down .29 percent.