Market Report || Tel Aviv indexes all slightly down but Babylon bounces back and El Al soars
The blue-chip Tel Aviv-25 Index dropped slightly Monday, but is still trading only 4$ off its record high. Good day for translation software company Babylon, while El Al shares take off after investment talks.
The Tel Aviv Stock Exchange closed Monday's trading session with losses in nearly all the major indexes, as shares in Europe and Asia closed with mixed results as indexes brushed at record highs. The blue-chip Tel Aviv-25 Index is currently trading only 4% under its all-time high – 1,338 points, set in 2011.