Article: TASE mixed as Makhteshim falls

Bloomberg
Jerusalem Post
12-08-1998
Tel Aviv

Stocks were mixed yesterday, with Makhteshim-Agan Industries leading declines after executives dismissed speculation the company is about to agree to add a strategic partner. Israel Chemicals led gains yesterday amid optimism that a state-asset sale has succeeded.

The Maof Index of the Tel Aviv Stock Exchange's 25 largest companies slipped 0.18 percent to 306.66, after rising 2.66% on Sunday.

Makhteshim-Agan Industries dropped 2.8% to NIS 9.14. Daniel Porat, Makhteshim-Agan's vice president for business development, said Sunday the company isn't talking to potential investors yet and will begin its search in the first quarter of next year. Shares ...

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