Turkey Stocks Climb at Close; BIST 100 Gains 0.76%

Mark Eisenberg
Photo: Finoracle.net

Turkey Stocks Higher at Close of Trade; BIST 100 Up 0.76%

Turkey stocks experienced an uptick by the end of Tuesday's trade session. The BIST 100 index in Istanbul rose by 0.76%, reflecting positive momentum in the market.

Top Performers

Several companies led this surge:

  • Yeo Teknoloji Enerji ve Endustri AS saw a remarkable increase of 9.97%, adding 17.00 points to reach 187.50.
  • Agrotech Yuksek Teknoloji ve Yatirim AS gained 7.17%, increasing by 1.18 points to close at 17.63.
  • Mavi Giyim Sanayi Ve Ticaret AS was up by 6.77%, climbing 7.10 points to 112.00, achieving an all-time high.

Worst Performers

On the flip side, some stocks did not perform well:

  • Aksa Enerji Uretim AS fell by 7.15%, dropping 3.44 points to 44.70.
  • Konya Cimento Sanayi AS declined by 4.67%, losing 395.00 points to settle at 8,055.00.
  • Is Yatirim Menkul Degerler AS was down by 3.32%, decreasing by 1.18 points to 34.40.

Commodities Update

In commodities trading:

  • Gold Futures for August delivery saw a slight increase of 0.47%, rising by 10.90 to $2,339.90 per troy ounce.
  • Crude oil for August delivery went up by 1.15% or 0.92 points to hit $80.64 a barrel.
  • The August Brent oil contract rose 1.10% or 0.93 points, trading at $85.18 a barrel.

Currency Exchange Rates

Currency exchange rates experienced slight changes:

  • The USD/TRY fell by 0.63% to 32.58.
  • The EUR/TRY decreased by 0.62% to 34.98.
  • The US Dollar Index Futures was marginally down by 0.02% at 104.93.

Today's stock market shift demonstrates investor confidence and market dynamics, reflecting both the opportunities and risks inherent within the Turkish stock exchange.

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Mark Eisenberg is a financial analyst and writer with over 15 years of experience in the finance industry. A graduate of the Wharton School of the University of Pennsylvania, Mark specializes in investment strategies, market analysis, and personal finance. His work has been featured in prominent publications like The Wall Street Journal, Bloomberg, and Forbes. Mark’s articles are known for their in-depth research, clear presentation, and actionable insights, making them highly valuable to readers seeking reliable financial advice. He stays updated on the latest trends and developments in the financial sector, regularly attending industry conferences and seminars. With a reputation for expertise, authoritativeness, and trustworthiness, Mark Eisenberg continues to contribute high-quality content that helps individuals and businesses make informed financial decisions.​⬤