10:30
Reported

News Brief

  12/17/2012, Tevet 4, 5773

Tel Aviv Stocks Open with Modest Gains


The Tel Aviv Stock Exchange opened trading, Monday morning, with modest gains. About half an hour into the session, the TA Composite Index stood at 1,071.43, up .35 percent, while the TA 100 rose .37 percent to 1,075.11, including a .36-percent advance to 1,223.86 by the Maof 25 most-widely-invested issues.

Leading the way were the real-estate stocks, which advanced .72 percent to 300.87, followed by the bank index, which stood at 1,160.84, up .67 percent, as the financial institutions rose .52 percent to 1,063.41, including a rise of .45 percent to 1,134.82 by the insurance issues. The communications stocks stood at 530.60, up .39 percent, a percentage point more than most of the technology index, which stood at 337.67, while the biomed issues edged up .11 percent to 830.63. The oil and natural-gas stocks stood at 1,176.75, up .22 percent.