Turkish stocks down at Monday close

Turkish stocks down at Monday close

BIST 100 index decreases nearly 83 points from previous close, USD/TRY exchange rate at 5.80

Turkey’s benchmark stock index ended Monday down 0.08% to close at 108.786,06 points.

Starting the day at 109,896.49 points, Borsa Istanbul’s BIST 100 index lost nearly 83 points from Friday’s close at 108,869.14 points.

During Monday trading, the BIST 100 hovered between 108,138.53 points and 108,984.44 points — 58 stocks on the index rose, 37 fell, and the remaining were flat compared to the previous close.

Closing the day with a market value of nearly 742 billion Turkish liras ($129.1 billion), the benchmark index posted a daily trading volume of 9.2 billion Turkish liras ($1.5 billion).

By market capitalization, Turkish conglomerate Koc Holding, private lenders Garanti BBVA and Akbank were the top companies of BIST 100.

Shares of national flag carrier Turkish Airlines, an iron/steel producer Eregli Demir Celik and a leasing company Is Finans Kiralama recorded the highest trading volumes.

Stocks of cement producer Afyon Cimento were the top gainer with a 20% hike, while shares of conglomerate Metro Holding dropped the most, falling 6.67%.

An ounce of gold sold for $1,465.25 at the daily close in Borsa Istanbul’s Precious Metals and Diamond Markets, versus $1,476.40 at the previous close.

The price of Brent oil was $64.22 per barrel as of 6 p.m. local time (1500GMT) on Monday.

Exchange RatesFridayMonday
AdvertisementThe new Emirates Premium Economy has arrived on the latest Emirates A380 Emirates Get the best value from your summer holiday with exclusive offers and discounts across Dubai and the UAE with Emirates Pass

What do you think?