TA-100 Index

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TA-100 Index

An index of the 100 largest companies (by market capitalization) that trade on the Tel Aviv Stock Exchange. The index is weighted for market capitalization; that is, price changes in stocks with higher market caps will affect the index more than stocks with lower market caps. The index is published every 30 seconds during a trading day by the Tel Aviv Stock Exchange. The TA-100 was first calculated in 1992.
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28, as Likud leader Ariel Sharon defiantly visited Jerusalem's Temple Mount (called Haram Al Sharif by the Arabs) and thus triggered Arab anger, the TA 100 index has fallen 16% to 471.
The TA 100 index comprises the largest 100 shares traded in the Tel-Aviv Stock Exchange (TASE), based on market capitalization.
The company will join the TA 25 Index - the TASE's benchmark stock index - and the TA 100 Index.