Investing.com – Turkey stocks were lower after the close on Wednesday, as losses in the Banking, Telecoms and Electricity sectors led shares lower.
At the close in Istanbul, the BIST 100 declined 2.64% to hit a new 3-months low.
The best performers of the session on the BIST 100 were Fenerbahce Futbol AS (IS:FENER), which rose 2.02% or 0.14 points to trade at 7.06 at the close. Meanwhile, Teknosa Ic ve Dis Ticaret AS (IS:TKNSA) added 1.68% or 0.050 points to end at 3.020 and ENKA Insaat ve Sanayi AS (IS:ENKAI) was up 1.31% or 0.060 points to 4.640 in late trade.
The worst performers of the session were Bizim Toptan Satis Magazalari AS (IS:BIZIM), which fell 6.62% or 0.45 points to trade at 6.35 at the close. Turkiye Is Bankasi AS Class C (IS:ISCTR) declined 5.52% or 0.250 points to end at 4.280 and Akbank TAS (IS:AKBNK) was down 5.10% or 0.35 points to 6.51.
Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 294 to 83 and 28 ended unchanged.
Gold Futures for February delivery was up 0.51% or 6.55 to $1287.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 3.13% or 1.42 to hit $46.83 a barrel, while the March Brent oil contract rose 3.22% or 1.73 to trade at $55.53 a barrel.
USD/TRY was up 1.79% to 5.3869, while EUR/TRY rose 0.86% to 6.1181.
The US Dollar Index Futures was up 0.64% at 96.347.