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Daily Israel Report
10:28
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News Brief

  1/8/2013, Tevet 26, 5773

Tel Aviv Stocks Open Down Slightly in Mixed Trading


Tuesday trading on the Tel Aviv Stock Exchange opened with modest losses in mixed trading. About 25 minutes into the session, the TA Composite Index stood at 1,065.81, down .29 percent, while the TA 100 index declined .31 percent to 1,069.86, including a .38-percent drop to 1,202.14 by the TA 25 most-widely-invested issues. The 50 stocks just outside the TA 100 rose .33 percent to 431.63.

Leading the gainers was the insurance index, which climbed .78 percent to 1,209.16 as the financial institutions advanced a tenth of a percent to 1,083.08, despite a .04-percent slip to  1,149.78 by the bank issues. The Ma'ala organization's list of socially-responsible companies stood at 900.50, up .31 percent, followed by the communications and media stocks, which rose .21 percent to 522.51. The real estate index stood at 316.87, down .15 percent, and most of the technology issues declined an average of .53 percent to 326.93, while the biomed stocks stood at 802.77, down .81 percent . The oil and natural-gas stocks slumped .71 percent to 1,160.80.