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Wednesday, December 30, 2009

Israel stocks steady; Discount Bank may face strike

TEL AVIV (MarketWatch) -- Israel stocks were steady on Wednesday, marked by weakness in Teva Pharmaceutical and phone service provider Bezeq as well as some technology stocks, offset by strength in Israel Chemicals as well as a number of the banks and property companies.

Late in the trading day, the Tel Aviv Stock Exchange's benchmark TA-25 Index crept up 0.15% to 1140.09 while the TA-100 Index /quotes/comstock/!ta100 (XX:TA100 1,060, -6.13, -0.57%) edged ahead 0.03% to 1060.40.

The Tel-Tech 15 Index of top technology issues fell 0.43% to 234.43.

And the Real Estate 15 Index added 0.87% to 298.91.

Among the banks, Discount rose 0.9%, Leumi rose 0.4%, Mizrahi Tefahot /quotes/comstock/11i!umzrf (UMZRF 9.37, +0.10, +1.05%) slipped 0.8% and Hapoalim /quotes/comstock/11i!bkhyy (BKHY.Y 19.60, +0.10, +0.51%) added 0.6%