Subject to apparent profit-taking during the last hour, most indices on the Tel Aviv Stock Exchange posted modest to moderate gains, Sunday, to start a holiday-shortened trading week which featured shorter hours due to the intermediate days of the Sukkot (Tabernacles) holiday. The TA Composite Index closed at 1,132.94, up .49 percent, while the TA 100 rose .56 percent to 1,129.62, including a climb of 1.04 percent to 1,252.98for the TA 25 most-widely-invested issues, hitting what the Globes business publication called a two-year high en route. The stocks outside the TA 100 stood at 1,038.85, down four tenths of a percent.
Leading the gainers was the communications index, which jumped 2.6 percent to 751.56. Globes said Bezeq, Nice (up 3.65 percent each) and Elbit Systems (up 4.58 percent) led the individual stocks. With the bank issues standing at 1,212.33, up 1.12 percent, the financial institutions advanced .67 percent to 1,181.41; the insurance stocks finishing the day at 1,431.22, up .02 percent. The real-estate index also rose .67 percent, closing at 363.68, followed by the oil and natural-gas issues, which gained .64 percent to 1,251.72. Most of the technology stocks averaged 323.69, a gain of .16 percent, while the biomed index slumped 1.98 percent to 959.18.