Most of the indices on the Tel Aviv Stock Exchange posted moderate to sharp gains, Sunday, at the end of the first day of trading following the Jewish fall holiday season and word that the Standard and Poor's agency had maintained Israel's credit rating at A+. With volume relatively high for a Sunday, the Tel Aviv Composite Index closed at 1,152.27, up 1.13 percent, while the TA 100 rose 1.07 percent to 1,147.99, including a 1.16-percent climb to 1,270.93 by the TA 25 most-widely-invested issues. The stocks outside the TA 100 stood at 1,072.17, up 2.27 percent.
Leading the way was the communications index, which jumped 2.36 percent to 775.60. The biomed issues stood at 997.07, up 2.26 percent, while the rest of the technology stocks advanced 2.12 percent to 334.96. The insurance index stood at 1,477.93, up 1.74 percent as the financial institutions finished the day at 1,195.30, up .84 percent, including a gain of .44 percent to 1,213.49 by the bank issues. The Maala organization's list of socially-responsible, sustained growth companies stood at 1,096.97, up 1.27 percent, while the oil and natural-gas stocks rose 1.07 percent to 1,284.17 and the real-estate index slipped .01 percent to 363.72.