• İstanbul 19 °C
  • Ankara 13 °C

Turkish stocks go down at close

Turkish stocks go down at close
Borsa Istanbul's BIST 100 index falls over 2 percent at close; US dollar/Turkish lira exchange rate rises to 3.78

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's benchmark stock index closed Tuesday down 2.11 percent to close at 113,432.85 points, with a total trading volume of 6.17 billion Turkish liras ($1.63 billion).

Borsa Istanbul's BIST 100 index fell 2,449.11 points, down from Monday's close at 115,881.96 points. Among all sectors, the food, beverage sector index performed the best -- up 0.27 percent -- while the BIST mining index dropped the most, going down by 7.97 percent.

On Tuesday, the BIST banking index fell by 2.98 percent -- only one stock was up, 12 shares fell. The BIST holding index also dropped by 1.67 percent while two stocks were up, 29 shares were down, and four stocks were flat among all conglomerates.

Stocks of Kipa Ticaret (KIPA), operating supermarkets, were the top gainers with a 2.96 percent hike and shares of gold miner Koza Altin (KOZAL) went down the most, falling by 9.30 percent.

The top five companies have the most-traded stocks were national flag-carrier Turkish Airlines, private lender Garanti, iron/steel producer Kardemir, followed by Koza Altin and real estate investment trust Emlak Konut.

The U.S. dollar/Turkish lira exchange rate rose to 3.7820 as of 5 p.m. local time (1400GMT) Tuesday. One dollar traded for 3.7580 liras at markets' close on Monday.

The EUR/TRY exchange rate also increased to 4.6620 by markets' close, compared with 4.6510 at the previous close.

The BIST Gold Exchange index declined by 0.76 percent, while the price of gold per kilogram fell to 162,000 Turkish liras ($42,852) as of 4.30 p.m. local time (1330GMT), down from 162,800 Turkish liras ($43,359) on Monday.

As of 6.45 p.m. local time (1545GMT) Tuesday, the price of Brent oil stood at $65.02, hovering between $64.78 and $65.68 during the day.

source: News Feed
This news is a total 99 time has been read
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
This news yet comment has been added .
Other News
All Rights Reserved © May 2014 US Muslims | Unauthorized and the resources published.
Haber Scripti: CM Bilişim