Maof climbs 0.7%

To 1,208.54, biggest gain since April 14 as Tel Aviv Sunday trading closes.

TA stock exchange 224 88 (photo credit: Bloomberg)
TA stock exchange 224 88
(photo credit: Bloomberg)
The TA-25 Index advanced 0.7 percent, the biggest gain since April 14, to 1,208.54 at the close in Tel Aviv on Sunday. Investors traded about NIS 1.46 billion in shares and convertible securities.
Bio Light Israeli Life Sciences advanced 10% after its Zetiq Technologies unit signed an agreement with China’s Biomics Biotechnologies to cooperate in conducting clinical tests.

D-Pharm, a biopharmaceutical company, retreated 1.2% after saying itwas weighing the possibility of raising NIS 23 million to fund thedevelopment of a treatment for migraines, epilepsy and bipolar disorder.
Delek Group, an energy and real-estate holding company, rose 1.7% afterits Delek US Holdings unit was rated new “sector perform” at RBCCapital Markets.
Micromedic Technologies, a biomedical development company, climbed 5.2%after saying it had begun testing its kit for the early diagnosis ofcolon cancer to receive CE Mark approval to market the product inEurope.
Procognia Israel, a developer of tools for analyzing sugars inproteins, surged 19% after saying the first trial in a joint researchproject with Seahorse Bioscience Inc. had been successful.