3 months ago
Stock Market

Turkey stocks lower at close of trade; BIST 100 down 0.63%

Investing.com – Turkey stocks were lower after the close on Monday, as losses in the Leasing&Factoring, Telecoms and Food&Beverages sectors

Investing.com – Turkey stocks were lower after the close on Monday, as losses in the Leasing&Factoring, Telecoms and Food&Beverages sectors led shares lower.

At the close in Istanbul, the BIST 100 declined 0.63% to hit a new 3-months low.

The best performers of the session on the BIST 100 were Sekerbank TAS (IS:SKBNK), which rose 4.63% or 0.050 points to trade at 1.130 at the close. Meanwhile, Fenerbahce Futbol AS (IS:FENER) added 4.38% or 0.30 points to end at 7.15 and Trabzonspor Sportif Yatirim ve Futbol Isletmeciligi Ticaret AS (IS:TSPOR) was up 4.32% or 0.060 points to 1.450 in late trade.

The worst performers of the session were ICBC Turkey Bank AS (IS:ICBCT), which fell 19.96% or 1.800 points to trade at 7.220 at the close. ODAS Elektrik Uretim Sanayi Ticaret AS (IS:ODAS) declined 8.74% or 0.180 points to end at 1.880 and Anadolu Efes Biracilik ve Malt Sanayi AS (IS:AEFES) was down 5.31% or 1.14 points to 20.34.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 208 to 152 and 45 ended unchanged.

Shares in ODAS Elektrik Uretim Sanayi Ticaret AS (IS:ODAS) fell to 52-week lows; down 8.74% or 0.180 to 1.880.

Gold Futures for February delivery was up 0.40% or 5.00 to $1246.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.01% or 0.52 to hit $50.95 a barrel, while the February Brent oil contract fell 0.15% or 0.09 to trade at $60.19 a barrel.

USD/TRY was up 0.25% to 5.3782, while EUR/TRY rose 0.48% to 6.0983.

The US Dollar Index Futures was down 0.24% at 96.678.