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Thursday, September 17, 2009

Market report / Real estate shares lead TASE retreat

Tel Aviv stocks fell yesterday as real estate stocks retreated. The Real Estate-15 index lost a steep 5.4%, although all the leading indexes finished the day in the red.

The benchmark TA-25 index lost 1.4% to end at 940 points, and the broader TA-100 index lost 1.7% to 872 points. Trading turnover increased to NIS 1.6 billion, after dwindling to a mere billion shekels on Sunday