BIST 100 index in Borsa Istanbul displayed its strongest performance since 2009 with a 29.48% return in the first half of the year.
In Borsa Istanbul, the BIST 100 index positively differentiated from the rest of the world with its performance in the first 6 months, when the global stock markets experienced the sharpest decline in recent years.
In the first half, the global share markets followed a sales-oriented course with the aggressive “hawk” policies of the central banks on a global basis, the Russia-Ukraine war, the problems in the supply chain and the rise in commodity prices.
BIST 100 index, on the other hand, provided a 29.48% return to its investors in the first half, although it partially recovered its gains in parallel with the sharp decline in global stock markets.
When analyzed on the basis of sector indices, transportation index was the highest earner with 116.77%, followed by electricity with 60.06% and real estate investment partnership with 49.97%. The biggest loser was the tourism index with 16.06%.
In the first half, the banking index rose by 21.72% and the holding index increased by 40.22%.
When the BIST 100 index is analyzed on a share basis, the highest earning shares in the first half were Is Real Estate Investment Partnership with 370%, Can2 Termik with 245% and Alarko Holding with 167%. The biggest loser was Kutahya Porselen with 63%.
Source: Trthaber / Translated by Irem Yildiz