3 months ago
Stock Market

Turkey stocks lower at close of trade; BIST 100 down 1.57%

Investing.com – Turkey stocks were lower after the close on Monday, as losses in the Basic Metals, Industrials and Holdings&Investments

Investing.com – Turkey stocks were lower after the close on Monday, as losses in the Basic Metals, Industrials and Holdings&Investments sectors led shares lower.

At the close in Istanbul, the BIST 100 declined 1.57%.

The best performers of the session on the BIST 100 were Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS (IS:GOLTS), which rose 9.17% or 3.40 points to trade at 40.48 at the close. Meanwhile, Trabzonspor Sportif Yatirim ve Futbol Isletmeciligi Ticaret AS (IS:TSPOR) added 5.79% or 0.070 points to end at 1.280 and Turk Traktor ve Ziraat Makineleri AS (IS:TTRAK) was up 4.80% or 1.78 points to 38.90 in late trade.

The worst performers of the session were Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D (IS:KRDMD), which fell 5.79% or 0.140 points to trade at 2.280 at the close. Eregli Demir ve Celik Fabrikalari TAS (IS:EREGL) declined 5.11% or 0.400 points to end at 7.430 and Tekfen Holding AS (IS:TKFEN) was down 3.79% or 0.78 points to 19.80.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 232 to 127 and 46 ended unchanged.

Shares in Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D (IS:KRDMD) fell to 52-week lows; down 5.79% or 0.140 to 2.280. Shares in Eregli Demir ve Celik Fabrikalari TAS (IS:EREGL) fell to 52-week lows; losing 5.11% or 0.400 to 7.430.

Gold Futures for February delivery was down 0.09% or 1.10 to $1251.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.75% or 0.92 to hit $51.69 a barrel, while the February Brent oil contract fell 1.01% or 0.62 to trade at $61.05 a barrel.

USD/TRY was up 0.76% to 5.3430, while EUR/TRY rose 0.61% to 6.0754.

The US Dollar Index Futures was up 0.67% at 97.127.