BIST 100 index gains over 8 points from previous close
Turkey’s benchmark stock index closed at 1,391.92 points on Wednesday, up 0.59% from the previous close.
Starting the day at 1,392.13 points, Borsa Istanbul’s BIST 100 index gained 8.15 points from Tuesday’s close of 1,383.77 points.
The index’s lowest value during the day was 1,389.85 points, while its daily high was 1,396.67 points.
The BIST banking index gained 1.58%, while the holding index was up 0.83%. Among the sector indices, the banking was the best earner, while the metal and main industry was the one that lost the most, 0.85%.
The total market value of BIST 100 was more than 1 trillion Turkish liras ($118 billion) by market close, with a daily trading volume of over 12.4 billion Turkish liras ($1.4 billion).
On the third transaction day of the week, 57 stocks on the index rose and 36 fell compared to Tuesday’s close.
The highest trading volumes were posted by flag carrier Turkish Airlines, private lenders Garanti BBVA,and Yapı Kredi.
Conglomerate Bera was the best performer, with its shares up 7.14%, while stocks of another automotive company Dogus Otomotiv saw the sharpest drop, 2.80%.
One ounce of gold traded for $1,743.70 by market close, up from $1,741.10 at the previous close, according to data from Borsa Istanbul’s Precious Metals and Diamond Markets.
The price of Brent crude oil was $78.22 per barrel as of 6.43 p.m. local time (1543GMT).