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Turkey stocks higher at close of trade; BIST 100 up 0.95%

by November 7, 2024
written by November 7, 2024

Investing.com – Turkey stocks were higher after the close on Thursday, as gains in the Telecoms, Leasing & Factoring and Banking sectors led shares higher.

At the close in Istanbul, the BIST 100 added 0.95%.

The best performers of the session on the BIST 100 were Alarko Holding AS (IS:ALARK), which rose 7.12% or 6.15 points to trade at 92.50 at the close. Meanwhile, Ege Endustri ve Ticaret AS (IS:EGEEN) added 5.02% or 552.50 points to end at 11,552.50 and Turkcell Iletisim Hizmetleri AS ORD (IS:TCELL) was up 4.58% or 3.90 points to 89.00 in late trade.

The worst performers of the session were Baticim Bati Anadolu Cimento Sanayi AS (IS:BTCIM), which fell 9.59% or 13.70 points to trade at 129.20 at the close. Reeder Teknoloji Sanayi Ve Ticaret AS (IS:REEDR) declined 7.90% or 1.40 points to end at 16.33 and Katilimevim Tasarruf Finansman AS (IS:KTLEV) was down 4.97% or 2.95 points to 56.45.

Rising stocks outnumbered declining ones on the Istanbul Stock Exchange by 288 to 262 and 30 ended unchanged.

Shares in Reeder Teknoloji Sanayi Ve Ticaret AS (IS:REEDR) fell to 52-week lows; falling 7.90% or 1.40 to 16.33.

Gold Futures for December delivery was up 1.11% or 29.70 to $2,706.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.61% or 0.44 to hit $71.25 a barrel, while the January Brent oil contract fell 0.56% or 0.42 to trade at $74.50 a barrel.

USD/TRY was up 0.09% to 34.22, while EUR/TRY rose 1.25% to 37.19.

The US Dollar Index Futures was down 0.82% at 104.13.

This post appeared first on investing.com

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