Turkey stocks lower at close of trade; BIST 100 down 0.40%

On Thursday, Turkey's stocks closed lower, with the BIST 100 index declining by 0.40%. The decline was driven by losses in the Leasing & Factoring, Metal Products & Machinery, and Wood, Paper & Printing sectors. Among the best performers of the day, Cvk Maden Isletmeleri Sanayi ve Ticaret AS (IS:CVKMD) surged 5.53% to 12.79, while Enerya Enerji AS (IS:ENERY) climbed 3.28% to 14.50 and Turkiye Garanti Bankasi (IS:GARAN) rose 2.61% to 133.90.

In contrast, the worst performers were Kirac Galvaniz Telekominikasyon Metal Makina Insaat Elektrik Sanayi ve Ticaret A (IS:TCKRC), which dropped 4.84% to 114.10, 1000 Yatirimlar Holding AS (IS:BINHO) fell 4.15% to 4.85, and Astor Enerji AS (IS:ASTOR) declined 3.98% to 183.20. On the Istanbul Stock Exchange, there were 362 falling stocks for every 251 advancing ones, with 32 settling at the same level.

Shares in 1000 Yatirimlar Holding AS (IS:BINHO) reached an all-time low, slipping 4.15% to 4.85. Gold Futures for December delivery increased by 1.64% to $4,175.20 per troy ounce, while Crude oil for November delivery rose 2.69% to $97.65 per barrel and the December Brent oil contract climbed 0.24% to $106.31 per barrel. The USD/TRY exchange rate gained 0.06% to 49.42, and EUR/TRY increased by 0.59% to 55.49. The US Dollar Index Futures declined 0.37% to 101.96.