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Daily Israel Report
10:27
Reported

News Brief

  7/15/2013, Av 8, 5773

Positive Start for Tel Aviv Stocks


The Tel Aviv Stock Exchange picked up, Monday morning, from where it stopped, Sunday afternoon, with modest to moderate gains reported as international investors joined Israelis in the trading. About half an hour into the session, the TA Composite Index stood at 1,106.64, up a quarter of a percent, while the TA 100 rose .24 percent to 1,104.46, including a gain of .21 percent to 1,223.52 by the TA 25 most-widely-invested issues. The stocks outside the TA 100 stood at 979.94, up .37 percent.

Leading the way was the communications index, which climbed 1.65 percent to 626.68, followed by the biomed issues, which stood at 868.56, up 1.1 percent, while the rest of the technology stocks advanced three tenths of a percent to 324.75. The insurance index stood at 1,391.69, up .87 percent as the financial institutions rose .42 percent to 1,130.55, including a gain of .18 percent to 1,150.26 by the bank issues. The oil and natural-gas stocks stood at 1,132.34, up .61 percent, while the real-estate index was virtually unchanged at 356.72.