Market Report / Fiscal Cliff Rescue Lifts TASE

The benchmark TA-25 index of blue chips ended up 0.6% to 1,221.31 points, following a 2.4% jump the day before, while the broader TA-100 gained 0.7% for a close of 1,084.23.

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The Tel Aviv Stock Exchange extended its fiscal cliff gains for a second session on Wednesday, although the rises were far more modest than on Tuesday and the dollar weakened against the shekel.