Local Turkey

Turkey’s Borsa Istanbul down 1.43% at Wednesday’s close

BIST 100 index loses 19.96 points from previous close

Turkey’s benchmark stock index closed at 1,371.69 points on Wednesday, down 1.43% from the previous close.

Starting the day at 1,390.72 points, Borsa Istanbul’s BIST 100 index lost 19.96 points from Tuesday’s close of 1,391.65 points.

The index’s lowest value during the day was 1,371.54 points, while its daily high was 1,392.40 points.

The total market value of the BIST 100 was around 1.07 trillion Turkish liras ($121.8 billion) by market close, with a daily trading volume of over 15.8 billion Turkish liras ($1.77 billion).

A total of 10 stocks on the index rose, 87 fell, and 3 remained unchanged compared to Tuesday’s close.

The highest trading volumes were posted by petrochemical firm Petkim, private lender Garanti BBVA, and iron and steel producer Eregli.

Shares of waste-to-energy firm Biotrend performed the best, rising 5.35%, while stocks of Petkim dropped the most, 8.41%.

One ounce of gold traded for $1,750.00 by market close, down from $1,757.80 at the previous close,according to data from Borsa Istanbul’s Precious Metals and Diamond Markets.

The price of Brent crude oil was down 1.76% to $81.11 per barrel as of 6.41 p.m. local time (1541GMT).

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