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Turkey shares higher at close of trade; BIST 100 up 2.67%

Published 08/11/2024, 15:30
Updated 08/11/2024, 15:36
Turkey shares higher at close of trade; BIST 100 up 2.67%
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Investing.com – Turkey equities were higher at the close on Friday, as gains in the Banking, Information Technology and Financials sectors propelled shares higher.

At the close in Istanbul, the BIST 100 added 2.67% to hit a new 1-month high.

The biggest gainers of the session on the BIST 100 were Kontrolmatik Teknoloji Enerji ve Mu (IS:KONTR), which rose 9.35% or 4.32 points to trade at 50.50 at the close. Yapi ve Kredi Bankasi AS (IS:YKBNK) added 7.19% or 1.70 points to end at 25.34 and Mia Teknoloji AS (IS:MIATK) was up 6.52% or 2.76 points to 45.08 in late trade.

Biggest losers included Ulker Biskuvi Sanayi AS (IS:ULKER), which lost 7.05% or 8.80 points to trade at 116.10 in late trade. Katilimevim Tasarruf Finansman AS (IS:KTLEV) declined 2.57% or 1.45 points to end at 55.00 and Tekfen Holding AS (IS:TKFEN) shed 1.73% or 1.25 points to 70.80.

Advancing stocks outnumbered falling ones by 464 to 103 and 13 ended unchanged on the Istanbul Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.22% or 5.90 to $2,699.90 a troy ounce. Meanwhile, Crude oil for delivery in December fell 2.92% or 2.11 to hit $70.25 a barrel, while the January Brent oil contract fell 2.58% or 1.95 to trade at $73.68 a barrel.

USD/TRY was up 0.47% to 34.38, while EUR/TRY fell 0.10% to 36.95.

The US Dollar Index Futures was up 0.26% at 104.64.

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