Turkish stocks close Tuesday on high note

Turkiye’s benchmark stock index ended Tuesday at 2,007.14 points, up 0.48% from the previous close.

Starting the day at 1,998.55 points, Borsa Istanbul’s BIST 100 index gained 9.56 points from Monday’s close of 1,997.58 points.

During Tuesday’s trading, the BIST 100 hovered between 1,982.07 and 2,019.27 points, with 40 stocks on the index rising, 56 down, and four flat from the previous close.

The total market value of the BIST 100 was over 1.6 trillion Turkish liras ($118 billion) by market close, with a daily trading volume of more than 28.3 billion Turkish liras ($2.1 billion).

The highest trading volumes were posted by national flag carrier Turkish Airlines, glassmaker Sise Cam and iron/steel producer Kardemir.

Shares of Gozde Girisim, a Turkish private equity firm controlled by food giant Ulker, rose the most, up 9.99%, while stocks of software and information technology firm ARD Bilisim suffered the most, dropping 9.93%.

One ounce of gold traded for $1,815.00 by market close, down from $1,816.65 at the previous close, according to data from Borsa Istanbul’s Precious Metals and Diamond Markets.

Price of Brent crude oil was around $90.80 per barrel as of 6.00 p.m. local time (1500GMT).

Exchange Rates Monday Tuesday

USD/TRY 13.5830 13.6380

EUR/TRY 15.5220 15.5710

GBP/TRY 18.4030 18.5250

Source: Anadolu Agency