News Briefs

  Nissan 7, 5773 , 18/03/13

Tel Aviv Stocks Open with Modest to Moderate Losses

Most of the indices on the Tel Aviv Stock Exchange opened Monday-morning trading with modest losses. About 20 minutes into the first session of the week involving international traders, the TA Composite Index stood at 1,091.28, down eight tenths of a percent, while the TA 100 declined .85 percent to 1,090.68, including a .86-percent drop to 1,224.29 by the TA 25 most-widely-invested issues. The 50 stocks just outside the TA 100 slipped .03 percent to 477.17.

Worst hit was the real-estate index, which fell 1.17 percent to 320.53, followed by the financial institutions, which stood at 1,108.86, down .95 percent. The bank component lost .88 percent to 1,157.39, while the insurance issues stood at 1,278.06, down eight tenths of a percent. The biomed stocks fell .93 percent to 839.63 while the rest of the technology index stood at 321.01, down .73 percent. The oil and natural-gas issues declined .37 percent to 1,137.18, and the communications stocks stood at 519.78, down .27 percent.

Other archived news briefs:Mar 18 2013, 10:24 AM, 3/18/2013