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Turkey stocks lower at close of trade; BIST 100 down 2.41%

Published 04/25/2018, 12:05 PM
Turkey stocks lower at close of trade; BIST 100 down 2.41%
XU100
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XMESY
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XTRZM
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XBANK
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BIMAS
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CCOLA
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ECILC
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KIPA
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OTKAR
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TMSN
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Investing.com – Turkey stocks were lower after the close on Wednesday, as losses in the Tourism, Banking and Metal Products & Machinery sectors led shares lower.

At the close in Istanbul, the BIST 100 declined 2.41% to hit a new 3-months low.

The best performers of the session on the BIST 100 were BIM Birlesik Magazalar AS (IS:BIMAS), which rose 2.04% or 1.45 points to trade at 72.70 at the close. Meanwhile, Coca-Cola Icecek AS (IS:CCOLA) added 2.03% or 0.72 points to end at 36.16 and EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS (IS:ECILC) was up 1.70% or 0.070 points to 4.190 in late trade.

The worst performers of the session were Tesco Kipa Kitle Pazarlama Ticaret Lojistik ve Gida Sanayi AS (IS:KIPA), which fell 19.80% or 0.590 points to trade at 2.390 at the close. Tumosan Motor ve Traktor Sanayi AS (IS:TMSN) declined 8.53% or 0.570 points to end at 6.110 and Otokar Otomotiv ve Savunma Sanayi AS (IS:OTKAR) was down 6.56% or 6.00 points to 85.50.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 313 to 66 and 28 ended unchanged.

Shares in Otokar Otomotiv ve Savunma Sanayi AS (IS:OTKAR) fell to 52-week lows; losing 6.56% or 6.00 to 85.50.

Gold Futures for June delivery was down 0.82% or 10.90 to $1322.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.16% or 0.11 to hit $67.81 a barrel, while the June Brent oil contract fell 0.32% or 0.24 to trade at $73.62 a barrel.

USD/TRY was up 0.29% to 4.0974, while EUR/TRY fell 0.18% to 4.9897.

The US Dollar Index Futures was up 0.46% at 90.98.

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