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Wed: Bright start fades.

Asia Africa Intelligence Wire

| July 31, 2002 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Israel Business Arena)

Byline: Nir Goldberg

The Tel Aviv Stock Exchange (TASE) trend was mixed today. The Tel Aviv 25 index closed down 0.33% at 374.83 points, the Tel Aviv 100 index rose 0.17% to 362.19 points, and the Tel-Tech 15 index gained 1.53% to 194.12 points. Turnover totaled NIS 263 million.

Yesterday's turn of events repeated itself on the TASE. Trading began with nice rises, but today's terrorist attack in Jerusalem and expectations of a negative opening on Wall Street eventually turned back the Tel Aviv 25. In addition to the capital market's recent optimistic mood, which could lack justification, Teva's latest surge is probably …

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