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Turkey stocks lower at close of trade; BIST 100 down 1.27%

Published 10/03/2024, 11:30 AM
Updated 10/03/2024, 11:35 AM
Turkey stocks lower at close of trade; BIST 100 down 1.27%

Investing.com – Turkey stocks were lower after the close on Thursday, as losses in the Telecoms, Banking and Financials sectors led shares lower.

At the close in Istanbul, the BIST 100 lost 1.27% to hit a new 6-months low.

The best performers of the session on the BIST 100 were Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret AS (IS:EUPWR), which rose 4.82% or 3.80 points to trade at 82.70 at the close. Meanwhile, Turkiye Sigorta AS (IS:TURSG) added 3.66% or 0.42 points to end at 11.90 and Papilon Savunma Guvenlik Sistemleri (IS:PAPIL) was up 3.09% or 2.45 points to 81.75 in late trade.

The worst performers of the session were Koza Altin Isletmeleri AS (IS:KOZAL), which fell 9.49% or 2.14 points to trade at 20.42 at the close. Koza Anadolu Metal Madencilik Isletmeleri AS (IS:KOZAA) declined 7.79% or 4.75 points to end at 56.25 and Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IS:EKGYO) was down 7.32% or 0.78 points to 9.87.

Rising stocks outnumbered declining ones on the Istanbul Stock Exchange by 286 to 261 and 30 ended unchanged.

Gold Futures for December delivery was up 0.13% or 3.60 to $2,673.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 4.02% or 2.82 to hit $72.92 a barrel, while the December Brent oil contract rose 3.78% or 2.79 to trade at $76.69 a barrel.

USD/TRY was down 0.02% to 34.18, while EUR/TRY fell 0.40% to 37.64.

The US Dollar Index Futures was up 0.37% at 101.80.

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