Subscribe to Print Edition | Sun., August 31, 2008 Av 30, 5768 | | Israel Time: 01:25 (EST+7) web haaretz.com   Back to Homepage Haaretz Toolbar Diplomacy Defense Jewish World Opinion National Print Edition Car Rental Books Haaretz Magazine Business Real Estate Easy Start Travel Week's End Anglo File

Market Report / TASE falls sharply, TA-25 down 1.6%, Credit Suisse drops Koor 12% By Rotem Sella Tags: Israel, TASE The Tel Aviv Stock Exchange dropped yesterday, with the TA-25 index of blue chips falling 1.6% to close at 1,012 points. The broader TA-100 lost 1.3% to end the day at 922 points. August options on the TA-25 expired yesterday morning at 1,015 points, a 1.3% drop. Turnover was NIS 2.8 billion. Bank Hapoalim shares fell 3.1% as the bank announced its second quarter results yesterday. Net profits were down 40.7%, to NIS 594 million. Advertisement Koor dropped 12%, due to its investments in Credit Suisse. The company told the stock exchange yesterday that it now owns 1.02% of the Swiss bank, at a total investment of NIS 1.627 billion. It purchased NIS 590 million of this just this week, after the bank's share price dropped 13% over the past three weeks. Koor will show a NIS 208 million capital gain in the third quarter of this year on Nochi Dankner's bet. Paz was the main gainer in yesterday's trading, up 3.1% after announcing it would build a second power plan on the grounds of its Ashdod refineries next year. The co-generation project, based on the integrated production of both steam and electricity, would provide 60 megawatts at an estimated cost of $60-70 million. Danya Cebus lost 0.8%. The Africa Israel Group company will invest NIS 25 million in a tourism and residential project in Moscow. Aladdin dropped 7.6% after announcing it was rejecting the buy-out offer from the Vector fund at a price of $13 a share, at a company value of $184.5 million. It also rejected Vector's alternative offer to buy only its digital rights management business for $125-135 million. Bookmark to del.icio.us   World War III A top Iranian general says an attack on Tehran would ignite a 'world war'. Raising the price Hamas says won't compromise, Israel must free 1,000 prisoners for Shalit.

Read & React Republican Jews: Choice of Palin as VP shows McCain's good judgment Responses: 326 Report: New Hezbollah missiles have range 'Israel can't fathom' Responses: 149 Obama: You can't protect Israel by talking tough in Washington Responses: 133 Jonathan Spyer: Fatah never gave up dream of one-state solution Responses: 131 Jews visit demolished W. Bank settlement for 1st time since pullout Responses: 74 More Headlines 16:09 Top Iran general says attack on Tehran would ignite 'world war' 20:53 Jewish Democrats: Palin is out of step with Jewish public opinion 20:52 Hamas to Israel: We won't compromise, we want 1,000 prisoners for Shalit 13:57 ADL slams Shell, Austrian energy giant for taking part in Iran conference 22:31 Husband of woman suspected of drowning son says she suffered from depression 14:50 This Hyphenated Life post four / The capital of the Jewish World 20:45 Egypt opens sealed Gaza crossing as goodwill gesture before Ramadan 21:20 Nigerian group demands $12m ransom for kidnapped Israeli 12:27 Palestinians remain persecuted minority in post-Saddam Iraq 14:39 'Free Gaza' blockade-busting boats planning a second voyage 11:03 Hezbollah surrenders gunman who mistook Lebanese chopper for that of IDF 17:02 Report: Hezbollah's new missiles have range 'Israel can't fathom' Previous Editions Select Day 29 aug 28 aug 27 aug 26 aug 25 aug 24 aug 22 aug 21 aug 20 aug 19 aug 18 aug 17 aug

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