Menu JTA Search

Tel Aviv Stock Exchange Rebounds

The Tel Aviv Stock Exchange, emulating Wall Street, staged a slight recovery Monday from the nose dive it took Sunday.

It recovered 0.03 percent of the 2.52 percent drop in the general shares index that occurred during trading Sunday. The New York Stock Exchange advanced 33.82 points Monday after a 140-point plunge last Friday.

Tel Aviv brokers and analysts were divided over whether the market has found a new level of stability on which to build an advance.