Maof rises 1.5 percent

The benchmark measure dropped 1% this week.

August 21, 2009 14:59
1 minute read.
The Jerusalem Post

TA stock exchange 224 88. (photo credit: Bloomberg)


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


TEL AVIV The TA-25 Index climbed for a second time this week, increasing 14.33, or 1.5 percent, to 948.46 at the close in Tel Aviv. The benchmark measure dropped 1% this week. Investors traded about NIS 1.56 billion in shares and convertible securities. Clal Biotechnology Industries advanced 2.3%. The company, which invests in biotechnology firms, said its MediWound unit has completed recruitment for a Phase III clinical trial of its Debrase drug. Delta-Galil Industries increased 4.2%. The maker of woman's intimate apparel reported second-quarter net income of $ 211,000 after a loss of $684,000 a year earlier. First International Bank of Israel rose 4.4%. The country's fifth-largest lender said it would increase its holding in Bank Poaley Agudat Israel to 100% from 68.7%. WALL STREET US stocks rose for a third day as American International Group said it expects to repay the government, and data on manufacturing and economic indicators added to evidence the recession may be ending. The S&P 500 rose 0.9% to 1,005.16 at 2:02 p.m. in New York. The Dow Jones Industrial Average jumped 52.67 points, or 0.6%, to 9,331.83. EUROPE European stocks climbed the most in two weeks as companies reported earnings that topped analysts' estimates, while higher copper prices lifted raw-material producers. National benchmark indexes gained in all 18 western European markets except Luxembourg. The UK's FTSE 100 advanced 1.4% to 4,756.58. Germany's DAX added 1.5%, and France's CAC 40 rose 1.6%. ASIA Asian stocks advanced. Japan's Nikkei 225 Stock Average advanced 1.8% to 10,383.41. Hong Kong's Hang Seng Index climbed 1.9%. China's Shanghai Composite Index rose 4.5%, following Wednesday's 4.3% drop.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection