Turkey stocks lower at close of trade; BIST 100 down 0.19%

Turkey's stock market slipped after the close of trade on Tuesday, as losses in several key sectors such as Chemical, Petroleum & Plastic, Textile & Leather, and Industrials contributed to the decline. The BIST 100 index ended 0.19% lower in Istanbul. Destek Finans Faktoring As saw the biggest gain of the day, climbing 6.82% or 150.00 points to close at 2,350.00.

Odine Solutions Teknoloji Ticaret ve Sanayi AS and Katilimevim Tasarruf Finansman AS also performed well, with increases of 6.14% and 5.80% respectively. Conversely, Turkiye Petrol Rafinerileri AS, Anadolu Metal Madencilik Isletmeleri AS, and Margun Enerji Uretim Sanayi ve Ticaret AS were among the largest losers, each dropping 6.68%, 5.51%, and 5.28% respectively.

More stocks closed lower than higher on the Istanbul Stock Exchange, with 419 declining to 201 gainers, and 22 remaining unchanged. Gold Futures for December delivery saw a slight uptick of 0.01% or 0.65 to $4,698.45 per troy ounce. Crude oil prices for October delivery fell by 3.23% to $82.26 per barrel, while November Brent oil fell 3.21% to $87.63.

The USD/TRY exchange rate edged up 0.06% to 48.10, and the EUR/TRY rose 0.11% to 56.17. The US Dollar Index Futures saw a modest decline of 0.04% to 98.89.