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Saturday, January 09, 2010

Israel stocks rise; real estate, Partner, Strauss in focus

TEL AVIV (MarketWatch) -- Israeli stocks gave back some gains on Monday, but were still aiming for a fourth straight positive session, with real estate stocks a particularly strong sector.

Late in the trading day, the Tel Aviv Stock Exchange's benchmark TA-25 index was 0.26% higher at 1160.87. The TA-100 Index /quotes/comstock/!ta100 (XX:TA100 1,094, -4.27, -0.39%) rose 0.60% to 1086.68.

The Tel-Tech 15 Index of top technology issues advanced 1.25% to 242.23.

And the Real Estate 15 Index jumped 2.16% to 313.72.

The most active issue on the bourse was Israel Chemicals, the fertilizer producer, trading up 0.2%. Agrichemicals specialist Makhteshim-Agan slipped 0.1%.

Within real estate, Africa-Israel Investments /quotes/comstock/11i!afivy (AFIV.Y 6.45, +0.60, +10.26%) was up 1.5%, Jerusalem Economic jumped 4.9% and Gazit Globe advanced 2.5%. The lone decliner in the property index was Airport City, down 1.1%.