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Tel Aviv Stock Market Up Tuesday

The Tel Aviv Stock Exchange rallied Tuesday to recover 1-2 percent of losses sustained earlier in the week. The improvement was attributed to the re-entry into the market of a brokerage firm that had stopped dealing in shares several months ago. It placed large orders, apparently in search of bargains, pushing prices up.

Local investors have lost an estimated $750 million in the value of their holdings since the Wall Street crash on Oct. 19.