July 12, 2012–Israel’s benchmark TA-25 index declined to its lowest level since June 28, sliding 0.7 percent to 1,067.22 at the 4:30 p.m. close in Tel Aviv. The gauge has retreated 1.5 percent this week. Investors traded about 761 million shekels ($191 million) of shares and convertible securities, according to bourse data.
The following stocks rose or fell. Symbols are in parentheses.
Allot Communications Ltd. (ALLT) (ALLT) dropped 6 percent, the most since Feb. 12, to 90.32 shekels, or the equivalent of $22.72. The shares of the maker of software to regulate traffic on networks dropped to $22.69 in New York yesterday.
EZchip Semiconductor Ltd. (EZCH) declined 4.3 percent to 134.2 shekels, or the equivalent of $33.76, the lowest since Feb. 7. The New York-traded shares of the Israeli developer of network processors fell 4.3 percent to $33.74 yesterday…Read More>>