Business

Turkish stocks close Tuesday on high note

Borsa Istanbul’s BIST 100 exceeds 2,000 points, rising 0.48%

Turkiye’s benchmark stock index ended Tuesday at 2,007.14 points, up 0.48% from the previous close.

Starting the day at 1,998.55 points, Borsa Istanbul’s BIST 100 index gained 9.56 points from Monday’s close of 1,997.58 points.

During Tuesday’s trading, the BIST 100 hovered between 1,982.07 and 2,019.27 points, with 40 stocks on the index rising, 56 down, and four flat from the previous close.

The total market value of the BIST 100 was over 1.6 trillion Turkish liras ($118 billion) by market close, with a daily trading volume of more than 28.3 billion Turkish liras ($2.1 billion).

The highest trading volumes were posted by national flag carrier Turkish Airlines, glassmaker Sise Cam and iron/steel producer Kardemir.

Shares of Gozde Girisim, a Turkish private equity firm controlled by food giant Ulker, rose the most, up 9.99%, while stocks of software and information technology firm ARD Bilisim suffered the most,dropping 9.93%.

One ounce of gold traded for $1,815.00 by market close, down from $1,816.65 at the previous close, according to data from Borsa Istanbul’s Precious Metals and Diamond Markets.

Price of Brent crude oil was around $90.80 per barrel as of 6.00 p.m. local time (1500GMT).

Exchange RatesMondayTuesday
USD/TRY13.583013.6380
EUR/TRY15.522015.5710
GBP/TRY18.403018.5250

Source
AA

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