Market Report / Central Bank Interest-rate Cut Sends TASE Higher

After the Bank of Israel cut its lending rate for the second time in as many weeks, all the major indexes saw solid gains, matching the global trend.

May 28, 2013 8:53 PM

The Tel Aviv Stock Exchange ended Tuesday's trading session with handsome gains in all the leading indexes, led by the index of insurance shares, which gained 5.5%.

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