Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Turkey stocks lower at close of trade; BIST 100 down 0.25%

Published 05/03/2019, 12:05 PM
Turkey stocks lower at close of trade; BIST 100 down 0.25%
XU100
-
XGIDA
-
XULAS
-
XTCRT
-
AEFES
-
BJKAS
-
GOZDE
-
IHLAS
-
LRSHO
-
VESTL
-

Investing.com – Turkey stocks were lower after the close on Friday, as losses in the Food & Beverages, Wholesale & Retail Trade and Transport sectors led shares lower.

At the close in Istanbul, the BIST 100 fell 0.25% to hit a new 1-month low.

The best performers of the session on the BIST 100 were Ittifak Holding AS (IS:ITTFH), which rose 8.19% or 0.520 points to trade at 6.870 at the close. Meanwhile, Ihlas Holding AS (IS:IHLAS) added 6.67% or 0.030 points to end at 0.480 and Gozde Girisim Sermayesi Yatirim Ortakligi AS (IS:GOZDE) was up 6.10% or 0.200 points to 3.480 in late trade.

The worst performers of the session were Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS (IS:BJKAS), which fell 5.48% or 0.120 points to trade at 2.070 at the close. Anadolu Efes Biracilik ve Malt Sanayi AS (IS:AEFES) declined 4.74% or 0.96 points to end at 19.30 and Vestel Elektronik Sanayi ve Ticaret AS (IS:VESTL) was down 4.37% or 0.520 points to 11.390.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 193 to 158 and 55 ended unchanged.

Shares in Ittifak Holding AS (IS:ITTFH) rose to 5-year highs; gaining 8.19% or 0.520 to 6.870.

Gold Futures for June delivery was up 0.70% or 8.95 to $1280.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.07% or 0.66 to hit $62.47 a barrel, while the July Brent oil contract rose 1.09% or 0.77 to trade at $71.52 a barrel.

USD/TRY was up 0.06% to 5.9671, while EUR/TRY rose 0.17% to 6.6759.

The US Dollar Index Futures was down 0.25% at 97.343.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.