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Turkey stocks lower at close of trade; BIST 100 down 5.18%

Published 07/11/2018, 12:05 PM
Turkey stocks lower at close of trade; BIST 100 down 5.18%
XU100
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XSPOR
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XBANK
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XFINK
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GARAN
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KLGYO
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SISE
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TAVHL
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TOASO
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YATAS
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Investing.com – Turkey stocks were lower after the close on Wednesday, as losses in the Leasing & Factoring, Banking and Sports sectors led shares lower.

At the close in Istanbul, the BIST 100 fell 5.18% to hit a new 52-week low.

The best performers of the session on the BIST 100 were TAV Havalimanlari Holding (IS:TAVHL), which rose 3.00% or 0.70 points to trade at 24.00 at the close. Meanwhile, Turkiye Sise ve Cam Fabrikalari AS (IS:SISE) added 2.29% or 0.100 points to end at 4.460 and Tofas Turk Otomobil Fabrikasi AS (IS:TOASO) was up 1.51% or 0.34 points to 22.80 in late trade.

The worst performers of the session were Yatas Yatak ve Yorgan Sanayi Ticaret AS (IS:YATAS), which fell 12.80% or 0.740 points to trade at 5.040 at the close. Turkiye Garanti Bankasi (IS:GARAN) declined 11.56% or 0.91 points to end at 6.96 and Kiler Gayrimenkul Yatirim Ortakligi AS (IS:KLGYO) was down 11.52% or 0.250 points to 1.920.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 374 to 24 and 11 ended unchanged.

Shares in Yatas Yatak ve Yorgan Sanayi Ticaret AS (IS:YATAS) fell to 52-week lows; losing 12.80% or 0.740 to 5.040. Shares in Turkiye Garanti Bankasi (IS:GARAN) fell to 52-week lows; falling 11.56% or 0.91 to 6.96.

Gold Futures for August delivery was down 0.66% or 8.30 to $1247.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 2.36% or 1.75 to hit $72.36 a barrel, while the September Brent oil contract fell 3.22% or 2.54 to trade at $76.32 a barrel.

USD/TRY was up 2.50% to 4.8268, while EUR/TRY rose 2.32% to 5.6610.

The US Dollar Index Futures was up 0.26% at 94.09.

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