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Turkey shares higher at close of trade; BIST 100 up 0.51%

Published 09/01/2019, 16:05
Updated 09/01/2019, 16:05
© Reuters.  Turkey shares higher at close of trade; BIST 100 up 0.51%

© Reuters. Turkey shares higher at close of trade; BIST 100 up 0.51%

Investing.com – Turkey equities were higher at the close on Wednesday, as gains in the Basic Metals, Chemical, Petroleum & Plastic and Metal Products & Machinery sectors propelled shares higher.

At the close in Istanbul, the BIST 100 gained 0.51%.

The biggest gainers of the session on the BIST 100 were Cemtas Celik Makina Sanayi ve Ticaret AS (IS:CEMTS), which rose 5.08% or 0.280 points to trade at 5.790 at the close. Ford Otomotiv Sanayi AS (IS:FROTO) added 4.60% or 2.30 points to end at 52.35 and Tekfen Holding AS (IS:TKFEN) was up 3.93% or 0.82 points to 21.70 in late trade.

Biggest losers included Yazicilar Holding AS (IS:AGHOL), which lost 3.33% or 0.35 points to trade at 10.15 in late trade. Halk Gayrimenkul Yatirim Ortakligi AS (IS:HLGYO) declined 2.90% or 0.020 points to end at 0.670 and Turkiye Sinai Kalkinma Bankasi AS (IS:TSKB) shed 2.70% or 0.020 points to 0.720.

Declining stocks outnumbered rising ones by 197 to 158 and 52 ended unchanged on the Istanbul Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.38% or 4.90 to $1290.80 a troy ounce. Meanwhile, Crude oil for delivery in February rose 2.77% or 1.38 to hit $51.16 a barrel, while the March Brent oil contract rose 2.33% or 1.37 to trade at $60.09 a barrel.

USD/TRY was up 0.31% to 5.4971, while EUR/TRY rose 0.99% to 6.3313.

The US Dollar Index Futures was down 0.52% at 94.982.

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