Subscribe to Print Edition | Tue., March 31, 2009 Nisan 6, 5769 | | Israel Time: 01:42 (EST+7)   Back to Homepage web haaretz.com Haaretz Toolbar Diplomacy Defense Jewish World Opinion National Print Edition Car Rental Books Haaretz Magazine Business Real Estate Joy of Giving Travel Week's End Anglo File

Market Report / TA-25 up 0.5% as banks continue strong recovery By Yuval Maoz Tags: Israel News, Wall Street  The Tel Aviv Stock Exchange opened the trading week with small gains after a day filled with ups and downs. The TA-25 was up 0.5% to close at 748 points and the TA-100 rose 0.6% to end the day at 681 points. The TelTech-15 fell 0.6%. Turnover totaled NIS 1.1 billion. It seems Friday's losses on Wall Street were not enough to pull down the TASE. Advertisement Bond markets carried over last week's rising trend, with the TelBond-20 rising 0.2% and the TelBond-40 up 0.4%. Last week the two indexes were up 1.3% and 4.4% respectively. Shares of the partners in the Dalit-1 natural gas field off Hadera again led the market as their U.S. partner, Noble Energy, officially announced preliminary gas discoveries, though it said it was still too earlier to say whether the amounts were commercially viable. Isramco jumped 5.9% on the day's heaviest trading of NIS 118 million. Delek Drilling gained 8.4% and Avner Oil Exploration was up 5.2%. Yesterday was a historic one for the TASE, as it inaugurated its first options contracts on an individual share, Israel Chemicals. Until now, only index options were traded. But action on the new option was still quite sparse, with only a few trades. The share itself fell 1.2% after potash and chemical stocks fell Friday in New York. Chemicals parent company The Israel Corporation rose 1.3%. Next month the TASE will add options on the two big banks, Hapoalim and Leumi, and after that Teva Pharmaceuticals. Osem rose 1.4%. The food company, controlled by Nestle, is still growing, and efficiency measures and increased sales resulted in a 13.2% rise in operating profits for the fourth quarter of 2008, to a total of NIS 98.1 million. Teva gained 1.3% after opening the day with a positive arbitrage gap of 0.5%. The firm received FDA approval for its generic version of Topamax (See story, Page 8). Bank shares continued rising yesterday after gaining 12.9% last week. The Banks-5 rose another 1.5% yesterday, with Bank Hapoalim up 2.6%, Bank Leumi rising 1.1% and Israel Discount Bank gaining 6%. Ocif fell 6.6% yesterday after announcing its financial results - and big losses - at the end of last week (See story, Page 8). Bookmark to del.icio.us   The core of the conflict The Mideast conflict is between those who want compromise, and those who don't. Closer to insanity Arab League chief says Israel's military policies are nearing madness.

Read & React Arab League tells Israel: Accept Saudi initiative now or never Responses: 99 Israel Railways fires Arab staff to make way for IDF veterans Responses: 73 Study cites dramatic rise in anti-Semitic attacks in Europe Responses: 49 IDF ends Gaza probe, says misconduct claims are 'rumors' Responses: 27 More Headlines 23:26 Netanyahu vows 'every effort to reach viable peace' 00:07 In surprise move, Netanyahu names MK Steinitz finance minister 23:27 IDF ends Gaza probe, says misconduct claims are 'rumors' 00:21 Gaza probe / Either troops are liars, or the IDF is pure as snow 22:40 Study cites dramatic rise in anti-Semitic attacks in Europe 00:08 ADL slams Louis Farrakhan for 'bigoted' comments on Israel lobby 00:34 Jewish U.S. troops to get gefilte fish and matzot for an Iraq Pesach 22:13 WATCH: Daily news round-up from Israel 22:01 40 Arabs laid off as Israel Rail saves posts for army veterans 19:19 Spanish Holocaust survivors testify in U.S. Nazi extradition case 18:11 In Prague, Peres calls for regional peace in Middle East 16:44 The Mideast conflict in 27 words or less 16:32 Arafat Web site posts pictures of bedroom during IDF siege 15:50 Arab League chief: Israel's policies border on 'madness' 17:49 Assad: Israel's new government is against peace 17:43 Fayyad to stay on as PA prime minister - for now Previous Editions Select Day 30 mar 29 mar 27 mar 26 mar 25 mar 24 mar 23 mar 22 mar 20 mar 19 mar 18 mar 17 mar

Special Offers Advertisement Spring Specials-Dan Hotels Jerusalem from 179$. Tel-Aviv from 223$. Herzliya from 336$ Dead Sea Skin Care Quality cosmetics from the Dead Sea. Coupon code HAARETZ for 12% off! Camp Kimama Israel 2009 The best place for your children this summer Eldan Rent a Car Israel's leading car rental company offers you a 20% discount on online reservations Jewish Singles Personal Ads Find the love of your life on JDate.com Junkyard Junk a car - get free towing nationwide and a tax-deductible receipt

Home | TV | Print Edition | Diplomacy | Opinion | Arts & Leisure | Sports | Jewish World | | Israel 2009 election results

Site rules | Makom: Engaging on Israel | Search engine marketing

Haaretz.com, the online edition of Haaretz Newspaper in Israel, offers real-time breaking news, opinions and analysis from Israel and the Middle East. Haaretz.com provides extensive and in-depth coverage of Israel, the Jewish World and the Middle East, including defense, diplomacy, the Arab-Israeli conflict, the peace process, Israeli politics, Jerusalem affairs, international relations, Iran, Iraq, Syria, Lebanon, the Palestinian Authority, the West Bank and the Gaza Strip, the Israeli business world and Jewish life in Israel and the Diaspora.

© Copyright  Haaretz. All rights reserved