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Turkey stocks higher at close of trade; BIST 100 up 1.59%

Published 05/10/2018, 12:05 PM
Turkey stocks higher at close of trade; BIST 100 up 1.59%
XU100
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XTEKS
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XUMAL
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XBANK
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AKSA
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ALCTL
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AYGAZ
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ERBOS
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KRDMD
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ZOREN
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Investing.com – Turkey stocks were higher after the close on Thursday, as gains in the Banking, Financials and Textile & Leather sectors led shares higher.

At the close in Istanbul, the BIST 100 gained 1.59%.

The best performers of the session on the BIST 100 were Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D (IS:KRDMD), which rose 7.26% or 0.310 points to trade at 4.580 at the close. Meanwhile, Zorlu Enerji Elektrik Uretim AS (IS:ZOREN) added 7.10% or 0.110 points to end at 1.660 and Erbosan Erciyas Boru Sanayi Ve Ticaret AS (IS:ERBOS) was up 6.52% or 4.65 points to 75.95 in late trade.

The worst performers of the session were Alcatel Lucent Teletas Telekomunikasyon AS (IS:ALCTL), which fell 2.50% or 0.140 points to trade at 5.450 at the close. Aygaz AS (IS:AYGAZ) declined 2.08% or 0.25 points to end at 11.79 and Aksa Akrilik Kimya Sanayi AS (IS:AKSA) was down 1.92% or 0.23 points to 11.73.

Rising stocks outnumbered declining ones on the Istanbul Stock Exchange by 234 to 130 and 41 ended unchanged.

Shares in Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D (IS:KRDMD) rose to all time highs; rising 7.26% or 0.310 to 4.580. Shares in Alcatel Lucent Teletas Telekomunikasyon AS (IS:ALCTL) fell to 52-week lows; falling 2.50% or 0.140 to 5.450. Shares in Aygaz AS (IS:AYGAZ) fell to 52-week lows; losing 2.08% or 0.25 to 11.79.

Gold Futures for June delivery was up 0.49% or 6.40 to $1319.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.07% or 0.05 to hit $71.09 a barrel, while the July Brent oil contract fell 0.12% or 0.09 to trade at $77.12 a barrel.

USD/TRY was down 0.90% to 4.2511, while EUR/TRY fell 0.47% to 5.0641.

The US Dollar Index Futures was down 0.28% at 92.69.

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