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Turkey shares higher at close of trade; BIST 100 up 0.91%

Published 08/11/2016, 16:05
Updated 08/11/2016, 16:05
Turkey shares higher at close of trade; BIST 100 up 0.91%

Investing.com – Turkey equities were higher at the close on Tuesday, as gains in the Wholesale & Retail Trade, Insurance and Metal Products & Machinery sectors propelled shares higher.

At the close in Istanbul, the BIST 100 rose 0.91%.

The biggest gainers of the session on the BIST 100 were Otokar (IS:OTKAR), which rose 6.48% or 6.50 points to trade at 106.80 at the close. Carrefoursa Carrefour Sabanci Ticaret Merkezi AS (IS:CRFSA) added 6.26% or 0.42 points to end at 7.13 and Borusan Mannesmann (IS:BRSAN) was up 4.72% or 0.38 points to 8.43 in late trade.

Biggest losers included Izmir Demir Celik (IS:IZMDC), which lost 4.56% or 0.130 points to trade at 2.720 in late trade. Afyon Cimento (IS:AFYON) declined 4.46% or 0.37 points to end at 7.93 and Torunlar Gmyo (IS:TRGYO) shed 3.38% or 0.16 points to 4.58.

Advancing stocks outnumbered falling ones by 172 to 149 and 82 ended unchanged on the Istanbul Stock Exchange.

In commodities trading, Gold for December delivery was up 0.42% or 5.35 to $1284.75 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.25% or 0.11 to hit $45.00 a barrel, while the January Brent oil contract rose 0.02% or 0.01 to trade at $46.16 a barrel.

USD/TRY was up 0.28% to 3.1768, while EUR/TRY rose 0.35% to 3.5099.

The US Dollar Index was down 0.05% at 97.73.

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