Daily Israel Report
18:01
Reported

News Brief

  5/11/2014, Iyar 11, 5774

Tel Aviv Stocks Down Slightly in Mixed Trading


The Tel Aviv Stock Exchange opened the trading week, Sunday, with modest losses in mixed trading. The TA Composite Index closed at 1,234.10, down .14 percent from Thursday, while the TA 100 declined .11 percent to 1,236.68, including a slip of .03 percent to 1,371.79 by the TA 25 most-widely-invested issues. The stocks outside the TA 100 stood at 1,042.52, down .33 percent.

With the Delek company's energy units oversubscribed on a $2 billion bond sale, according to Globes, the oil and natural-gas index led the gainers, climbing 1.69 percent to 1,383.27. The bank issues stood at 1,311.49, up .82 percent as the financial institutions finished the day at 1,267.99, up .44 percent, including a drop of .12 percent to 1,481.34 by the insurance stocks. The real-estate index closed at 386.68, down .18 percent, and the communications issues lost seven tenths of a percent to 814.39. Most of the technology stocks stood at 318.05, down .85 percent, and the biomed index fell 1.28 percent to 969.32.