Market report / TASE declines ahead of revision in exchange indices
The benchmark Tel Aviv-25 index declined by 1.1% on Thursday, closing at 1,230.88 points, while the Tel Aviv-100 was off by 1.3%, ending the trading day at 1,082.90.
Thursday was the last day of trading in Tel Aviv before the index composition review - through which the exchange adjusts the companies that make up its various indices - takes effect. The impending change brought about a sharp drop in share prices toward the end of trade Thursday, following more moderate declines earlier in the day.
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