By Barry Davidson
8 December 2009
Tel Aviv--Tuesday was a depressing day on Ahad HaAm Street.
Stock trading was down as the indices on the Tel Aviv Stock Exchange (TASE) closed negatively.
As Fox News reported today that the U.S. economy is not strong, due to high unemployment. According to that news network, about 10 percent of U.S. citizens are jobless.
This means that they have less money buy products and save money.
General 934.87 -0.95%
TA-25 1,111.85 -0.93%
TA-100 1,028.70 -1.04%
TA-75 757.89 -1.32%
Tel-Tech 15 228.03 -0.99%
Finance-15 1,158.14 -1.55%
Estate-15 296.64 -0.51%
It is not surpising that Tel Aviv Stocks are responding to this negative situation in the U.S. economy.
At the close of active Tuesday trading on the TASE, the TA-Banks index closed at 1,255.12, down 1.81%. The Tel - Div 20 index closed at 1,275.29, down 1.13%. The Maala index closed at 953.65, down 0.89%. The Mid-Cap 50 index closed at 398.74, down 1.41%. The Mid Cap-120 index closed at 789.68, down 1.25%. The Yeter-Rest of Shares & Convertibles index closed at 885.11, down 0.82%.
Turning to bonds trading at the close of Tuesday's markets on the TASE, the All Bonds index closed at 246.83, down 0.11%. The CPI Linked Government Bonds (Galil) index closed at 251.02, down 0.06%. The Non-Linked Government Bonds index closed at 293.65, down 0.05%. The Non-Linked, Fixed Interest, Gov. Bonds (Shahar) index closed at 322, down 0.07%. The Non-Linked , Floating Interest, Gov. Bonds (Gilon) index closed at 252.57, down 0.02%. The Tel-Bond 20 index closed at 249.47, down 0.20%. The Tel-Bond 40 index closed at 237.97, down 0.38%. The Tel-Bond 60 index closed at 244.44, down 0.27%. The Tel Bond-Shekel index closed at 246.52, down 0.34%. The CPI-Linked Non-Government Bonds index closed at 243.80, down 0.23%. The Currency-Linked, Non-Government Bonds index closed at 171.79, down 0.02%. The Short Term Treasury Bill index closed at 250.71, down 0.01%.
