UPDATE – Turkey's Borsa Istanbul closes week on rise

UPDATE WITH MORE DAILY FIGURES

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index closed Friday up 0.34 percent at 93,616.45 points with a trading volume of around 5.4 billion Turkish liras (around $1 billion).

Borsa Istanbul's BIST 100 index ended the day with a 319.61-point increase from Thursday's close of 93,296.84 points, while it opened the day at 93,785.90 points.

The benchmark index hovered between 92,743.88 points and 94,308.29 points, while 51 stocks on the index were on the rise, 34 on the decline, and 15 flat compared to the previous close.

The total market value of listed shares on the BIST 100 was around 607.8 billion Turkish liras ($112.2 billion) at close, while the banking and holding sector indices climbed 1.33 percent and 1.02 percent, respectively.

Among all sectors, the tourism sector index was the best performer, rising 4.36 percent, and the leasing factoring sector index saw the biggest drop, losing 4.23 percent.

Shares of energy company Odas Elektrik climbed the most, up 5.93 percent, while stocks of private lender ICBC Turkey Bank performed the worst, falling 6.20 percent.

The BIST 100's most-traded listed companies were national flag carrier Turkish Airlines, defense company Aselsan, private lender Garanti, state lender Halkbank, and iron/steel producer Kardemir.

The USD/TRY exchange rate dropped by 1.4 percent to 5.3410 as of 5 p.m. local time (1400GMT) Friday, compared with 5.4170 at Thursday's close.

The euro/lira exchange rate also decreased to 6.0930 by market close, versus 6.1290 at the previous close, while the British pound/lira exchange rate dropped to 6.8840 Turkish liras, compared with 6.9400 at Thursday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,215.85 as of 5.30 p.m. local time (1430GMT) Friday, up from $1,212.00 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil rose by 1.7 percent to $68.06 per barrel compared with $66.92 at the end of Thursday.

Turkey's short-term external debt stock — debt that must be paid in the next 12 months — dropped by 1.5 percent from the end of 2017 to reach $116.8 billion in September, the Turkish Central Bank reported on Friday.

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Turkey's Borsa Istanbul closes week on rise

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index closed Friday up 0.34 percent at 93,616.45 points with a trading volume of around 5.4 billion Turkish liras (around $1 billion).

Borsa Istanbul's BIST 100 index ended the day with a 319.61-point increase from Thursday's close of 93,296.84 points, while it opened the day at 93,785.90 points.

The USD/TRY exchange rate dropped by 1.4 percent to 5.3410 as of 5 p.m. local time (1400GMT) Friday, compared with 5.4170 at Thursday's close.

The euro/lira exchange rate also decreased to 6.0930 by market close, versus 6.1290 at the previous close, while the British pound/lira exchange rate reached 6.8840 Turkish liras, compared with 6.9400 at Thursday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,215.85 as of 5.30 p.m. local time (1430GMT) Friday, up from 1,212.00 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil rose by 1.7 percent to $68.06 per barrel compared with $66.92 at the end of Thursday.

“Birleşik Krallık-Türkiye İslami Finans Teknolojisi Forumu”

İSTANBUL (AA) – Borsa İstanbul AŞ Araştırma ve İş Geliştirme Direktörü Recep Bildik, “İslami finansmanın yoksullukla mücadelede kullanılabilecek çok güçlü bir enstrüman olduğuna da inanıyoruz.” dedi.

Birleşik Krallık İstanbul Başkonsolosluğu ev sahipliğinde, Borsa İstanbul ve TheCityUK iş birliğiyle "Birleşik Krallık-Türkiye İslami Finans Teknolojisi Forumu" gerçekleştirildi.

Forumda konuşan Borsa İstanbul AŞ Araştırma ve İş Geliştirme Direktörü Recep Bildik, özellikle Müslüman ülkelerde banka hizmetlerinden yeterli olarak yararlanmayan nüfusun hala çok yüksek olduğunu belirterek, Müslüman nüfusun önemli bir kısmının hala banka hesabı olmadığını, aslında bu açıdan önemli bir fırsattan da bahsedildiğini kaydetti.

Bildik, dünya genelinde bilişim yatırımı, sürdürülebilir ve toplumsal sorumluluğu ön plana alan yatırımların yükselen bir trend olduğunu aktararak, bu kavramların aslında İslami finans ile de örtüştüğünü söyledi.

İslami finansman ürünlerinin başka uluslararası kurumsal yatırımcılardan da ilgi gördüğüne işaret eden Bildik, “İslami finansmanın yoksullukla mücadelede kullanılabilecek çok güçlü bir enstrüman olduğuna da inanıyoruz. Tutarlı şekilde kurgulanıp, kullanıldığına BM’nin Sürdürülebilir ve Yoksullukla Mücadele programları çerçevesinde elimizi güçlendirebilecek, öz sermaye tabanlı, risk paylaşımını temel alan ve aktiflerin temel alındığı niteliklerle kurgulanan ürünler geliştirilebilir. İslami finansman ve buradaki enstrümanların gelir eşitliğini de geliştirecektir.” diye konuştu.

Bildik, katılım bankacılığının geleceğe dönük önemli bir potansiyel barındırdığını aktararak, Borsa istanbul olarak İslami finansın gelişimi için yaptıkları faaliyetleri anlattı.

– “Türk ekonomisi son derece güçlü, sağlam yapılandırılmış bir finans sektörüne sahip”

Birleşik Krallık İstanbul Başkonsolosluğu Ekonomi ve Refah Bölümü Başkanı Nicholas Cannon, Türkiye’de finans sektörünün stratejik bir sektör olduğuna inandıklarını belirterek, iki ülke arasında karşılıklı yarar sağlayacak adımların atılabileceğini kaydetti.

Türkiye’nin gelecekteki büyümesi bağlamında önemli açılımlar gördüklerini ifade eden Cannon, “Türk ekonomisi son 6 ay içinde yaşananlar ışığında şunu gösterdi ki son derece güçlü, sağlam yapılandırılmış bir finans sektörüne sahip.” dedi.

Cannon, İstanbul’un finansal açıdan bir mükemmeliyet merkezi olma yolculuğuna tanıklık ettiklerini aktararak, hem Londra’da hem de İstanbul’da finans sektöründe bu işin pratiğini yapanları bu forumda bir araya getirdiklerini söyledi.

– “Türkiye’deki katılım bankacılığı etkin çalışmalar yürütüyor”

TheCityUK Uluslararası Strateji Danışmanı Wayne Evans ise TheCityUK olarak Borsa istanbul ile birlikteliklerini yürütmeye devam ettiklerini belirterek, “Ortak bir proje kapsamında finans teknolojisi alanında iki ülke arasına ne gibi iş birlikleri gerçekleştirilebilir bunu vurgulamaya çalışıyoruz. Hem Türkiye’de hem de Birleşik Krallık’ta sektördeki paydaşlarla çalışıyoruz.” diye konuştu.

Program kapsamında Türkiye’yi Birleşik Krallık’taki yasa yapıcılar ve mevzuat koyucularla ilişkisini artırma hedeflerinin olduğuna işaret eden Evans, Türkiye’de İslami finans temsilcileriyle çalışmalar yürüttüklerini dile getirdi.

Evans, İslami finans teknolojisi bağlamında zekat gibi İslami finans kavramının nasıl uygulamaya konulabileceğini de düşündüklerini ifade ederek, “Bu etkinliğin amacı ticari değil, sadece iki ülkenin iş birliğini optimize etme ayaklarından biri. Yakın zamanda fark ettik ki Türkiye’deki katılım bankacıları da İslami finans teknolojisi uygulamalarını ve bu alandaki yeni şirketleri destekleme konusunda Birleşik Krallık’takilerle karşılaştırıldığında etkin çalışmalar yürütüyor.” diye konuştu.

Dünya nüfusunun yarısının bankacılık hizmetlerinden yararlanamadığına dikkati çeken Evans, banka hizmetlerine erişimin artırılması için finans teknolojisi çalışmalarının yürütülmesi gerektiğini dile getirdi.

Turkey's benchmark stock index up 0.52 pct at open

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index increased by 0.52 percent or 489.07 points to start the last trading day of the week at 93,785.90 points.

All sector indices went up at opening, while the BIST banking index showed the best performance — rising 0.95 percent.

On Thursday, Borsa Istanbul's BIST 100 index was flat with a 9.68-point increase to close the day at 93,296.84 points with a trading volume of 7 billion liras ($1.3 billion).

The U.S. dollar/Turkish lira exchange rate was 5.3760 as of 9.30 a.m. local time (0630GMT), compared with Thursday's closing rate of 5.4170.

The euro/lira rate was 6.1030, versus 6.1290 at the last close. One British pound was traded for 6.9040 Turkish liras, as the GBP/TRY was 6.9400 by market close on Thursday.

The price of Brent oil was $67.29 per barrel as of 10 a.m. local time (0700GMT) Friday.

Borsa Istanbul flat at close

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index closed Thursday up 0.01 percent at 93,296.84 points with a trading volume of around 7 billion Turkish liras ($1.3 billion).

Borsa Istanbul's BIST 100 index ended the day with a 9.68-point increase from Wednesday's close of 93,287.16 points, while it opened the day at 93,523.34 points.

The benchmark index hovered between 92,695.30 points and 94,002.47 points, while 42 stocks on the index were on the rise, 46 on the decline, and 12 flat compared to the previous close.

The total market value of listed shares on the BIST 100 was around 606.9 billion Turkish liras ($111.1 billion) at close, while the banking and holding sector indices dropped 1.26 percent and 0.51 percent, respectively.

Among all sectors, the leasing factoring sector index was the best performer, rising 11.90 percent, and the basic metal sector index saw the biggest drop, losing 1.75 percent.

Shares of leasing company Is Finansal Kiralama climbed the most, up 13.75 percent, while stocks of casting producer Cemas Dokum performed the worst, falling 11.02 percent.

The BIST 100's most-traded listed companies were national flag carrier Turkish Airlines, private lender Garanti, defense company Aselsan, iron/steel producer Kardemir, and state lender Halkbank.

The USD/TRY exchange rate dropped to 5.4170 as of 5 p.m. local time (1400GMT) Thursday, compared with 5.4610 at Wednesday's close.

The euro/lira exchange rate also decreased to 6.1290 by market close, versus 6.1680 at the previous close, while the British pound/lira exchange rate reached 6.9400 Turkish liras, compared with 7.0820 at Wednesday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,212.00 as of 5.30 p.m. local time (1430GMT) Wednesday, up from 1,201.80 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil rose to $66.92 per barrel compared with $67.26 at the end of Wednesday.

Unemployment rate rose by 0.5 percentage points to 11.1 percent — 3.67 million persons — year-on-year in August 2018, Turkish Statistical Institute announced on Thursday.

Turkey's Borsa Istanbul up in opening session

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's stock exchange rose 0.25 percent, or 236.18 points, to open at 93,523.34 points Thursday.

On the fourth transaction day of the week, the banking sector index drops 0.03 percent while the holding sector index increased 0.31 percent.

Among all sector indices, the food beverage sector index posted the best performance, up 1.55 percent, while the wholesale and retail trade sector was the worst, down 0.63 percent.

On Wednesday, Borsa Istanbul's BIST 100 closed at 93,287.16, up 0.62 percent or 578.60 points, with a trading volume of 7.5 billion Turkish liras ($1.37 billion).

The US dollar/Turkish lira exchange rate stood at 5.4610 as of 9.30 a.m. local time (0630GMT) on Thursday, compared with 5.4610 at Wednesday's close.

The euro/lira exchange rate rose to 6.1980 by market open — versus 6.1680 at the previous close — and one British pound traded for 7.1270 Turkish liras over 7.0820 at the previous close.

The price of Brent oil dropped to $66.31 per barrel as of 10.00 a.m. local time (0700GMT) Thursday. It was $67.26 on Wednesday.

Unemployment rate rose by 0.5 percentage points to 11.1 percent — 3.67 million persons — year-on-year in August 2018, Turkish Statistical Institute announced on Thursday.

UPDATE – Borsa Istanbul up at close

UPDATE WITH MORE DAILY FIGURES

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index closed Wednesday up 0.62 percent at 93,287.16 points with a trading volume of around 7.5 billion Turkish liras ($1.37 billion).

Borsa Istanbul's BIST 100 index ended the day with a 578.60-point increase from Tuesday's close of 92,708.56 points, while it opened the day at 92,530.56 points.

The benchmark index hovered between 91,945.76 points and 93,691.34 points, while 44 stocks on the index were on the rise, 47 on the decline, and nine flat compared to the previous close.

The total market value of listed shares on the BIST 100 was around 606.55 billion Turkish liras ($110.7 billion) at close, while the banking and holding sector indices climbed 0.76 percent and 0.91 percent, respectively.

Among all sectors, the leasing factoring sector index was the best performer, rising 14.49 percent, and the nonmetal mineral product sector index saw the biggest drop, losing 1.06 percent.

Shares of leasing company Is Finansal Kiralama climbed the most, up 18.29 percent, while stocks of casting producer Cemas Dokum did the worst, falling 20.00 percent.

The BIST 100's most-traded listed companies were national flag carrier Turkish Airlines, private lender Garanti, state lender Halkbank, defense company Aselsan and iron/steel producer Kardemir.

The USD/TRY exchange rate dropped to 5.4610 as of 5 p.m. local time (1400GMT) Wednesday, compared with 5.5000 at Tuesday's close.

The euro/lira exchange rate also decreased to 6.1680 by market close, versus 6.2020 at the previous close, while the British pound/lira exchange rate reached 7.0820 Turkish liras, compared with 7.1330 at Tuesday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,201.80 as of 5.30 p.m. local time (1430GMT) Wednesday, up from 1,199.20 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $67.26 per barrel compared with $67.31 at the end of Tuesday.

Borsa İstanbul'dan volatilite bazlı tedbir sistemine ilişkin açıklama:

İSTANBUL (AA) – Borsa İstanbul, yarından itibaren ikinci seviye tedbir sonrasında paydaki volatilitenin devam etmesi durumunda üçüncü seviye olarak 15 gün süre ile "Tek Fiyat Yöntemi ile İşlem Görme" tedbirinin uygulanmaya başlanacağını duyurdu.

Borsa İstanbul'un Kamuyu Aydınlatma Platformu'nda (KAP) yer alan duyurusunda, Sermaye Piyasası Kurulu'nun ilgili kararları uyarınca, Borsa İstanbul'un Pay Piyasası'nda işlem gören pay senetlerinde, işlemlerin adil ve dürüst bir şekilde gerçekleşmesinin sağlanması ve yatırımcıların aşırı volatilitenin getirdiği risklerden korunmaları amacıyla "Volatilite Bazlı Tedbir Sistemi"nin devreye alındığı hatırlatıldı.

Bu kapsamda gerekli koşulların oluşması halinde ilgili pay senedinde 15 gün süreyle birinci seviye tedbir olan "Açığa Satış ve Kredili İşlem Yasağı" tedbirinin, volatilitenin devam etmesi durumunda ise 15 gün süreyle ikinci seviye tedbir olan "Brüt Takas" tedbirinin uyguladığı belirtilen duyuruda, şöyle denildi:

"Yarından itibaren ikinci seviye tedbir sonrasında paydaki volatilitenin devam etmesi durumunda üçüncü seviye olarak 15 gün süre ile 'Tek Fiyat Yöntemi ile İşlem Görme' tedbiri uygulanmaya başlanacaktır. 'Tek Fiyat Yöntemi ile İşlem Görme' tedbirinin getirilmesi durumunda, 'Açığa Satış ve Kredili İşlem Yasağı' ve 'Brüt Takas' tedbirlerinin de 'Tek Fiyat Yöntemi ile İşlem Görme' tedbirinin geçerli olduğu süre zarfında uygulanmasına devam edilecektir. Tedbir alınmasını gerektiren koşulların oluşması durumunda tedbir uygulanacak pay senedi ve tedbirin başlangıç tarihi ile tedbir süresi, ilgili tarihte piyasa kapandıktan sonra borsamız tarafından KAP üzerinden duyurulacaktır."

Turkey's Borsa Istanbul down in opening session

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's stock exchange dropped 0.19 percent, or 178 points, to open at 92,530.56 points Wednesday.

On the third transaction day of the week, the banking and holding sector indices fell 0.27 percent and 0.58 percent, respectively.

Among all sector indices, the leasing factoring sector index posted the best performance, up 0.58 percent, while the wholesale and retail trade sector was the worst, down 0.62 percent.

On Tuesday, Borsa Istanbul's BIST 100 closed at 92,708.56, up 1.38 percent or 1,263.28 points, with a trading volume of 6.4 billion Turkish liras ($1.16 billion).

The USD/TRY exchange rate dropped to 5.4890 as of 9.30 a.m. local time (0630GMT) on Wednesday. It was 5.5000 at Tuesday's close.

The euro/lira exchange rate stood at 6.2020 by market open — compared to 6.2020 at the previous close — and one British pound traded for 7.1500 Turkish liras over 7.1330 at the previous close.

The price of Brent oil dropped to $65.35 per barrel as of 10.00 a.m. local time (0700GMT) Wednesday. It was $67.88 on Tuesday.

UPDATE – Borsa Istanbul up at over 1 pct at closing

UPDATE WITH MORE DAILY FIGURES

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index closed Tuesday up 1.38 percent at 92,708.56 points with a trading volume of around 6.4 billion Turkish liras ($1.16 billion).

Borsa Istanbul's BIST 100 index ended the day with a 1,263.28-point increase from Monday's close of 91,445.28 points, while it opened the day at 91,532.34 points.

The benchmark index hovered between 91,297.67 points and 93,094.93 points, while 64 stocks on the index were on the rise, 27 on the decline, and nine flat compared to the previous close.

The total market value of listed shares on the BIST 100 was around 603.3 billion Turkish liras ($110.2 billion) at close, while the banking and holding sector indices climbed 2.67 percent and 1.48 percent, respectively.

Among all sectors, the mining sector index was the best performer, rising 4.81 percent, and the wholesale and retail trade sector index saw the biggest drop, losing 1.75 percent.

Shares of cement maker Goltas Cimento climbed the most, up 15.52 percent, while stocks of supermarket chain Sok Marketler did the worst, falling 3.45 percent.

The BIST 100's most-traded listed companies were national flag carrier Turkish Airlines, private lender Garanti, state lender Halkbank, defense company Aselsan and iron/steel producer Kardemir.

The USD/TRY exchange rate rose to 5.5000 as of 5 p.m. local time (1400GMT) Tuesday, compared with 5.4420 at Monday's close.

The euro/lira exchange rate also increased to 6.2020 by market close, versus 6.1370 at the previous close, while the British pound/lira exchange rate reached 7.1330 Turkish liras, compared with 7.0420 at Monday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,199.20 as of 5.30 p.m. local time (1430GMT) Tuesday, down from 1,208.20 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil dropped to $67.78 per barrel compared with $71.15 at the end of Monday.