The Tel Aviv 25, the first OECD bluechip index to trade following Friday's S&P downgrade of...

|By:, SA News Editor

The Tel Aviv 25, the first OECD bluechip index to trade following Friday's S&P downgrade of the U.S., falls 5.4% in early trading. Israeli shares may also be playing catchup - or "catchdown" - since Tel Aviv was last open on Thursday, the S&P has dropped 4.8%.