Turkey stocks higher at close of trade; BIST 100 up 0.82%
Turkey's stock market continued its upward trend at the close of trade on Tuesday, with the BIST 100 index gaining 0.82%, according to Reuters. The Wholesale & Retail Trade, Telecoms, and Wood, Paper & Printing sectors played a significant role in driving the gains. BIM Birlesik Magazalar AS (IS:BIMAS) led the session with a 3.72% increase, trading at 411.25 points.
Other notable winners included Kocaer Celik Sanayi ve Ticaret AS (IS:KCAER), up 3.57% to 11.01, and Petkim Petrokimya Holding AS (IS:PETKM), up 2.96% to 20.88. Conversely, Tekfen Holding AS (IS:TKFEN) experienced the steepest decline, dropping 9.98% to 231.80, while 1000 Yatirimlar Holding AS (IS:BINHO) saw a 6.49% drop, closing at 5.62.
20 shares ended unchanged, with falling stocks outnumbering advancing ones by a ratio of 436 to 189. The 52-week low for 1000 Yatirimlar Holding AS (IS:BINHO) was reached at 5.62. Gold Futures for December delivery slipped 0.11% to $4,186.00 per troy ounce, while crude oil for November delivery rose 0.43% to $94.14 per barrel and December Brent oil fell 0.61% to $106.00.
USD/TRY appreciated by 0.15% to 49.37, and EUR/TRY increased by 0.43% to 55.30. The US Dollar Index Futures saw a 0.34% drop, settling at 102.03.
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