Daily Israel Report
17:25
Reported

News Brief

  6/13/2013, Tammuz 5, 5773

Modest Losses for Tel Aviv Stocks


Most of the indices on the Tel Aviv Stock Exchange ended the trading week, Thursday, with modest losses. The TA Composite Index closed at 1,095.78, down .78 percent, while the TA 100 declined .81 percent to 1,093.11, including a drop of .47 percent to 1,222.13 by the TA 25 most-widely-invested issues. The stocks outside the TA 100 rose .23 percent to 987.64.

The lone positive note was struck by the most popular bonds, which edged up .07 percent to 302.84. Worst hit was the insurance index, which fell 1.17 percent to 1,358.60 as the financial institutions finished the day at 1,131.09, down .89 percent, including a loss of eight tenths of a percent to 1,166.27 by the bank issues. The same percentage loss meant an average closing of 317.47 by most of the technology stocks, while the biomed index stood at 845.35, down .83 percent. The real-estate issues lost .87 percent to 349.40, followed by the communications issues, which posted a close of 561.63, down three-quarters of a percent, while the oil and natural-gas stocks  slipped .01 percent to 1,164.87.