Tel Aviv stocks up 2% Sunday mid-day on stable security situation

Tel Aviv stocks are up 2% Sunday mid-day, after opening up 1.4%. The gains are attributed to the relative security calm in recent days.

The Maof-25 blue chip index is rising 2.1% to 403.4 points, the TA-100 index is climbing 1.9% to 387.9 points, and technology shares are up 2.2%. Total turnover is a low NIS 84 million.

IDB group stocks are posting big gains given the Ganden group's advanced talks to acquire control in IDB Holding Corporation at a $1 billion value, 30% above the market price.

IDB Holdings is jumping 5.7%, IDB Development Corporation is rising 6.1% on the session's biggest volume, NIS 10.5 million. Discount Investments is up 3.1%, Clal Industries is rising 2.7%.

Agrochemicals firm Makhteshim Agan is up 0.7% on NIS 11.3 million volume, after investment bank Gmul Sahar reiterated its Buy rating, setting NIS 11.3 as price target, 36% above the market.

Drug giant Teva Pharmaceuticals (Nasdaq:TEVA) is slipping 0.2% on NIS 10.2 million turnover.

Cellular provider Partner Communications (Nasdaq, TASE:PTNR, LSE:PCCD) is rising 4%.

Retalix (Nasdaq:RTLX) is up 1.6%, Elbit Systems (Nasdaq:ESLT) is up 0.6%.

Bank Hapoalim is up 1.6%, Bank Leumi is rising 1.2%.

The Israel Corporation is up 1.8%.

Phone company Bezeq is up 3.4%.