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Wed: Tel Aviv 25 up 2.9% to year-long high.

Asia Africa Intelligence Wire

| November 12, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Israel Business Arena)

Byline: Golan Freidenfeld

The Tel Aviv Stock Exchange (TASE) indices rose today. The Tel Aviv 25 index rose 2.85% to 468.96 points, the Tel Aviv 100 rose 2.52% to 494.72 points, and the Tel-Tech rose 2.28% to 354.39 points. Turnover was NIS 608.9 million.

After two days of profit-taking, the TASE returned to its positive trend of recent months. Today's rise was boosted by financial reports that mostly indicated improved profits compared with the corresponding period in 2002.

MA Industries publishes a good report

Two leading TASE companies published financial reports today: MA Industries (TASE:MAIN) and …

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