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Turkey stocks lower at close of trade; BIST 100 down 2.84%

Published 08/15/2019, 12:05 PM
Turkey stocks lower at close of trade; BIST 100 down 2.84%
XU100
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XMANA
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XUMAL
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XBANK
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CCOLA
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DEVA
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EGEEN
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METRO
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TTKOM
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PGSUS
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Investing.com – Turkey stocks were lower after the close on Thursday, as losses in the Banking, Basic Metals and Financials sectors led shares lower.

At the close in Istanbul, the BIST 100 lost 2.84% to hit a new 1-month low.

The best performers of the session on the BIST 100 were Pegasus Hava Tasimaciligi AS (IS:PGSUS), which rose 9.85% or 5.400 points to trade at 60.200 at the close. Meanwhile, Metro Ticari ve Mali Yatirimlar Holding AS (IS:METRO) added 6.25% or 0.070 points to end at 1.190 and Deva Holding AS (IS:DEVA) was up 6.07% or 0.320 points to 5.590 in late trade.

The worst performers of the session were Ege Endustri ve Ticaret AS (IS:EGEEN), which fell 7.71% or 40.20 points to trade at 481.00 at the close. Turk Telekomunikasyon AS (IS:TTKOM) declined 6.91% or 0.39 points to end at 5.25 and Coca-Cola Icecek AS (IS:CCOLA) was down 6.77% or 2.40 points to 33.06.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 271 to 103 and 34 ended unchanged.

Shares in Pegasus Hava Tasimaciligi AS (IS:PGSUS) rose to all time highs; up 9.85% or 5.400 to 60.200. Shares in Metro Ticari ve Mali Yatirimlar Holding AS (IS:METRO) rose to 52-week highs; up 6.25% or 0.070 to 1.190.

Gold Futures for December delivery was up 0.18% or 2.75 to $1530.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.16% or 0.64 to hit $54.59 a barrel, while the October Brent oil contract fell 2.10% or 1.25 to trade at $58.23 a barrel.

USD/TRY was down 0.76% to 5.5678, while EUR/TRY fell 1.06% to 6.1828.

The US Dollar Index Futures was up 0.20% at 98.018.

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