Sun.: TASE falls to close a down month
January's negative trend skipped over energy stocks, with Modiin up 580% in the month, and Lapidoth up 102.7%.
Aviv Levy31/01/2010
The Tel Aviv Stock Exchange (TASE) fell today. The Tel Aviv 25 Index fell 1.41% to 1,119.73 points, the Tel Aviv 100 Index fell 1.49% to 1,057.32 points, and the Tel-Tech Index fell 2.43% to 235.92 points. Turnover was NIS 1.48 billion.
The stock market opened lower and traded in a narrow band most of the day, closing out a down month for stocks. The Tel Aviv 25 Index fell 2.2% in January, and the Banks Index fell 6.2% during the month.
The negative trend seemed to skip over energy stocks. Avner Oil and Gas LP (TASE: AVNR.L) rose 12.8% in January, Modiin Energy LP (TASE:MDIN.L) soared 580%, and Lapidoth Israel Oil Prospectors Corp. Ltd. (TASE: LAPD) rose 102.7%.
Long-term Shahar unlinked government bonds rose 0.3% today, and long-term Galil CPI-linked bonds rose by a similar amount. The corporate bond benchmark Tel-Bond 20 Index fell 0.14%.
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| Tags: | bonds, business, company, currency, energy, environment, exchange rate, exchange, financial, foreign currency, government, growth, it, market, news, release, rose, stock market, stock |
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| Companies in this article: | AVNR.L, Bank Hapoalim, Bank Leumi, ICL, IL, Israel Chemicals, Israel Corp, LAPD, LUMI, MDIN.L, ORL, Oil Refineries, POLI, PRGO, Perrigo Company |
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