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Turkey shares higher at close of trade; BIST 100 up 1.69%

Published 18/01/2019, 16:05
Updated 18/01/2019, 16:05
© Reuters.  Turkey shares higher at close of trade; BIST 100 up 1.69%

© Reuters. Turkey shares higher at close of trade; BIST 100 up 1.69%

Investing.com – Turkey equities were higher at the close on Friday, as gains in the Basic Metals, Food & Beverages and Industrials sectors propelled shares higher.

At the close in Istanbul, the BIST 100 rose 1.69% to hit a new 3-month high.

The biggest gainers of the session on the BIST 100 were Vakif Gayrimenkul Yatirim Ortakligi AS (IS:VKGYO), which rose 12.95% or 0.250 points to trade at 2.180 at the close. Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D (IS:KRDMD) added 6.73% or 0.150 points to end at 2.380 and Eregli Demir ve Celik Fabrikalari TAS (IS:EREGL) was up 6.05% or 0.450 points to 7.890 in late trade.

Biggest losers included ODAS Elektrik Uretim Sanayi Ticaret AS (IS:ODAS), which lost 3.72% or 0.070 points to trade at 1.810 in late trade. Fenerbahce Futbol AS (IS:FENER) declined 2.60% or 0.19 points to end at 7.11 and Koza Altin Isletmeleri AS (IS:KOZAL) shed 2.26% or 1.25 points to 53.95.

Advancing stocks outnumbered falling ones by 265 to 95 and 46 ended unchanged on the Istanbul Stock Exchange.

In commodities trading, Gold Futures for February delivery was down 0.68% or 8.85 to $1283.45 a troy ounce. Meanwhile, Crude oil for delivery in February rose 3.25% or 1.69 to hit $53.76 a barrel, while the March Brent oil contract rose 2.66% or 1.63 to trade at $62.81 a barrel.

USD/TRY was down 0.27% to 5.3290, while EUR/TRY fell 0.50% to 6.0570.

The US Dollar Index Futures was up 0.24% at 95.938.

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