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      Archive: 12/4/2012
      10:31
      Reported

      News Brief

        12/4/2012, Kislev 20, 5773

      Tel Aviv Stocks Open with Modest to Moderate Losses


      Most of the indices on the Tel Aviv Stock Exchange opened Tuesday-morning trading with modest losses. About half an hour into the session, the TA Composite Index stood at 1,079.17, down .51 percent, while the TA 100 declined .55 percent to 1,085.00, including a .54 decline to 1,225.74 by the Maof 25 most-widely-invested issues.

      The lone bright spot was provided by the biomed stocks, which rose .43 percent to 813.49, while the rest of the technology index stood at 350.72, down .82 percent. Worst hit were the oil and natural-gas issues, which fell 1.38 percent to 1,170.68, followed by the insurance stocks, which stood at 1,151.36, down 1.21 percent, as the financial institutions declined .46 percent to 1,044.63, including a .26-percent drop to 1,127.49 by the bank index. The communications and media issues stood at 543.56, down .56 percent, and the real-estate index slipped .17 percent to 301.23.