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Turkey shares lower at close of trade; BIST 100 down 0.50%

Published 28/01/2019, 16:05
Updated 28/01/2019, 18:08
Turkey shares lower at close of trade; BIST 100 down 0.50%

Turkey shares lower at close of trade; BIST 100 down 0.50%

Investing.com – Turkey equities were lower at the close on Monday, as losses in the Basic Metals, Banking and Telecoms sectors propelled shares lower.

At the close in Istanbul, the BIST 100 lost 0.50%.

The biggest gainers of the session on the BIST 100 were Galatasaray Sportif Sinai ve Ticari Yatirimlar AS (IS:GSRAY), which rose 5.19% or 0.07 points to trade at 1.42 at the close. CarrefourSA Carrefour Sabanci Ticaret Merkezi AS (IS:CRFSA) added 5.00% or 0.19 points to end at 3.99 and ICBC Turkey Bank AS (IS:ICBCT) was up 4.83% or 0.300 points to 6.510 in late trade.

Biggest losers included Turkiye Halk Bankasi (IS:HALKB), which lost 3.19% or 0.25 points to trade at 7.59 in late trade. Ihlas Holding AS (IS:IHLAS) declined 3.13% or 0.010 points to end at 0.310 and Yapi ve Kredi Bankasi AS (IS:YKBNK) shed 3.08% or 0.060 points to 1.890.

Declining stocks outnumbered rising ones by 195 to 156 and 55 ended unchanged on the Istanbul Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.39% or 5.05 to $1303.15 a troy ounce. Meanwhile, Crude oil for delivery in March fell 3.76% or 2.02 to hit $51.67 a barrel, while the April Brent oil contract fell 3.13% or 1.93 to trade at $59.66 a barrel.

USD/TRY was up 1.20% to 5.3310, while EUR/TRY rose 1.50% to 6.0981.

The US Dollar Index Futures was down 0.13% at 95.343.

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