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Daily Israel Report
17:27
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News Brief

  1/24/2013, Shevat 13, 5773

Modest Losses for Tel Aviv Stocks in Mixed Trading


The Tel Aviv Stock Exchange ended the elections-shortened trading week, Thursday, with modest losses in mixed trading. The TA Composite Index closed at 1,060.30, down .55 percent, while the TA 100 declined .58 percent to 1,063.98, including a .69-percent drop to 1,196.34 by the TA 25 most-widely-invested issues. The 50 stocks just outside the TA 100 rose .31 percent to 435.28.

Leading the gainers was the insurance index, which advanced .89 percent to 1,202.14 as the financial institutions finished the day at 1,087.66, up .88 percent, including a .65-percent gain to 1,152.88 by the bank issues. The Ma'ala organization's list of socially-responsible companies stood at 886.54, up .38 percent, while the real-estate stocks rose .22 percent to 316.32. The communications index ended the day at 515.64, down .48 percent, followed by most of the technology issues, which declined .77 percent to 322.95, while the biomed stocks were the worst hit, plunging 2.34 percent to 810.31. The oil and natural-gas stocks index closed at 1,155.49, down 1.2 percent.