UPDATE – Turkish stocks end day with losses

UPDATES WITH MORE DAILY FIGURES

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index lost 2.77 percent on Thursday to close at 94,496.80 points.

Borsa Istanbul's BIST 100 index fell 2,691.07 points, down from the midweek close of 97,187.87 points, while it started the day at 97,043.02 points.

The BIST 100 hovered between 94,496.80 and 97,071.76 points during Thursday's trading. Compared with the previous close, 10 stocks on the index rose, 89 fell, and one was flat.

The BIST chemicals petrol plastic index was the top gainer — up 1.50 percent — while the BIST banking index fell the most, losing 6.73 percent.

Shares of energy giant Tupras (TUPRS) racked up the best performance, rising 4.46 percent, while stocks of Turkish conglomerate Alarko Holding (ALARK) saw the biggest drop, losing 8.13 percent.

As of the daily close, the total market value of the BIST 100's listed companies was around 620 billion liras ($103 billion) with a trading volume of 7.27 billion liras ($1.18 billion).

The most-traded stocks were private lender Garanti, national flag carrier Turkish Airlines, defense company Aselsan, private lender Akbank, and telecommunications giant Turk Telekom.

Based on market capitalization, the top listed companies were Turkish conglomerate Koc Holding ($6.80 billion), iron and steel producer Eregli Demir Celik ($6.43 billion), and Tupras ($5.74 billion).

By market close, the U.S. dollar/Turkish lira exchange rate rose to 6.1490, up from 6.0340 at the close on Wednesday.

The euro/lira rate was 7.1020, compared with 6.9620 at the close on Wednesday, and the GBP/TRY exchange rate was 8.0120, versus one British pound for 7.8460 Turkish liras at the previous close.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was $1,203.00 at daily close, versus $1,202.50 at close on Wednesday.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at around $85.72 per barrel, hovering between $85.33 and $86.42 during the day.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.

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Turkish stocks end day with losses

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index lost 2.77 percent on Thursday to close at 94,496.80 points.

Borsa Istanbul's BIST 100 index fell 2,691.07 points, down from the midweek close of 97,187.87 points, while it started the day at 97,043.02 points.

By market close, the U.S. dollar/Turkish lira exchange rate rose to 6.1490, up from 6.0340 at the close on Wednesday.

The euro/lira rate was 7.1020, compared with 6.9620 at the close on Wednesday, and the GBP/TRY exchange rate was 8.0120, versus one British pound for 7.8460 Turkish liras at the previous close.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was $1,203.00 at daily close, versus $1,202.50 at close on Wednesday.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at around $85.72 per barrel, hovering between $85.33 and $86.42 during the day.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.

UPDATE – Turkish stocks down at close

UPDATES WITH MORE DAILY FIGURES

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended Wednesday down 0.99 percent to close at 97,187.87 points.

Borsa Istanbul's BIST 100 index recorded a 972.86-point decline compared with Tuesday's close of 98,160.73 points, while it started the midweek trading day at 98,204.51 points.

During Wednesday's trading, the BIST 100 hovered between 96,944.51 and 98,698.57 points. Compared with the previous close, 24 stocks on the index rose, 68 fell, and eight were flat.

Among all sector indices, the BIST wholesale and retail trade index was the best performer with a 1.23-percent hike, and the BIST banking index did the worst, declining 2.36 percent.

Stocks of Turkish conglomerate Alarko Holding (ALARK) saw the highest increase on Wednesday — up 4.68 percent — while shares of prominent electronics and appliances manufacturer Arcelik (ARCLK) fell the most with a 4.71-percent down.

The total market value of the BIST 100's listed companies was around 638 billion liras ($106 billion) as of daily close, posting a trade volume of 7.47 billion liras ($1.24 billion).

Wednesday's most traded stocks were private lender Garanti, national flag carrier Turkish Airlines, defense company Aselsan, telecommunication company Turk Telekom, and another private lender Yapi Kredi.

With regards to market capitalization, the top listed companies were Turkish conglomerate Koc Holding ($7 billion), iron and steel producer Eregli Demir Celik ($6.39 billion) and energy giant Tupras ($5.51 billion).

At daily close, the USD/TRY exchange rate was 6.0340, while one U.S. dollar traded for 6.0010 Turkish liras at the previous close.

The euro/lira rate was 6.9620, versus 6.9270 at close on Tuesday, and one British pound exchanged for 7.8460 Turkish liras while the GBP/TRY exchange rate was 7.7990 at the previous close.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold rose to $1,202.50 by market close, compared with $1,198.00 at close on Tuesday.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at around $85.08 per barrel, hovering between $84.03 and $85.33 during the day.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.

Turkish stocks down at close

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended Wednesday down 0.99 percent to close at 97,187.87 points.

Borsa Istanbul's BIST 100 index recorded a 972.86-point decline compared with Tuesday's close of 98,160.73 points, while it started the midweek trading day at 98,204.51 points.

At daily close, the USD/TRY exchange rate was 6.0340, while one U.S. dollar traded for 6.0010 Turkish liras at the previous close.

The euro/lira rate was 6.9620, versus 6.9270 at close on Tuesday, and one British pound exchanged for 7.8460 Turkish liras while the GBP/TRY exchange rate was 7.7990 at the previous close.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold rose to $1,202.50 by market close, compared with $1,198.00 at close on Tuesday.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at around $85.08 per barrel, hovering between $84.03 and $85.33 during the day.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.

UPDATE – Turkey's Borsa Istanbul down 0.38 pct at close

UPDATES WITH MORE DAILY FIGURES

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended Tuesday down 0.38 percent to close at 98,160.73 points.

Borsa Istanbul's BIST 100 index saw a 376.42-point drop from Monday's close of 98,537.15 points, while it started the day at 98,427.55 points.

During Tuesday's trading, the BIST 100 hovered between 97,373.76 and 98,713.72 points. Compared with the previous close, 28 stocks on the index rose, 66 fell, and six were flat.

Among all sector indices, the BIST basic metal index was the top gainer — up one percent — while the BIST transportation index ended the day 2.81 percent down, showing the worst performance on Tuesday.

Shares of Turkish conglomerate Ittifak Holding (ITTFH) climbed the most with a 6.76-percent hike and stocks of energy company Ipek Dogal Enerji (IPEKE) showed the largest decline with a 4.79-percent drop.

The total trade volume of the listed companies on the BIST 100 was 7.48 billion Turkish liras ($1.24 billion) during the day, posting a market value of 645 billion liras ($108 billion).

The daily trade volume leaders were private lender Garanti, national flag carrier Turkish Airlines, defense company Aselsan, telecommunication company Turk Telekom, and another private lender Yapi Kredi.

By market capitalization, Turkish conglomerate Koc Holding was the top company with around $7.16 billion, followed by iron and steel producer Eregli Demir Celik ($6.55 billion) and energy giant Tupras ($5.48 billion).

By market close, the U.S. dollar/Turkish lira exchange rate stands at 6.0010, versus Monday's close of 5.9510.

The EUR/TRY rate was 6.9270, compared with 6.9130 at the previous close, and one British pound traded for 7.7990 Turkish liras while the GBP/TRY exchange rate was 7.7850 at Monday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,198.00 by market close, up from $1,188.30 at close on Monday.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at around $84.78 per barrel, hovering between $84.33 and $85.33 during the day.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.

Turkey's Borsa Istanbul down 0.38 pct at close

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended Tuesday down 0.38 percent to close at 98,160.73 points.

Borsa Istanbul's BIST 100 index saw a 376.42-point drop from Monday's close of 98,537.15 points, while it started the day at 98,427.55 points.

By market close, the U.S. dollar/Turkish lira exchange rate stands at 6.0010, versus Monday's close of 5.9510.

The EUR/TRY rate was 6.9270, compared with 6.9130 at the previous close, and one British pound traded for 7.7990 Turkish liras while the GBP/TRY exchange rate was 7.7850 at Monday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,198.00 by market close, up from $1,188.30 at close on Monday.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at around $84.78 per barrel, hovering between $84.33 and $85.33 during the day.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.

UPDATE – Turkey's Borsa Istanbul down at close

UPDATES WITH MORE DAILY FIGURES

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index fell 1.42 percent to close at 98,537.15 points on Monday.

Borsa Istanbul's BIST 100 index went down 1,419.75 points from last week's close of 99,956.90 points, while it started the week at 100,075.20 points.

The BIST 100 closed at its lowest level seen during Monday's trading hours, while the daily peak hit 100,646.97 points.

Compared with the previous close, 23 stocks on the index rose, 72 fell, and five were flat.

Among all sector indices, the BIST information technology index was the strongest performer with a 3.12-percent daily hike The BIST banking index fell the most, going down 3.56 percent.

Stocks of energy company Ipek Dogal Enerji (IPEKE) were the top gainers — up 7.84 percent — while shares of chemical and paint producer Polisan Holding (POLHO) recorded the biggest drop, declining 6.39 percent.

On a daily basis, the total trade volume of the listed companies on the BIST 100 was 8.94 billion Turkish liras ($1.5 billion), posting a market value of 647 billion liras ($108 billion).

Monday's trade volume leaders were private lender Garanti, telecommunication company Turk Telekom, defense company Aselsan, national flag carrier Turkish Airlines, another private lender Yapi Kredi.

By market capitalization, Turkish conglomerate Koc Holding was the top company with around $7.17 billion, followed by iron and steel producer Eregli Demir Celik ($6.44 billion) and energy giant Tupras ($5.45 billion).

At the daily close, the U.S. dollar/Turkish lira exchange rate fell to 5.9510, compared with Friday's close at 6.0230.

The euro/lira rate was 6.9130, down from 6.9750 at the previous close, and one British pound traded for 7.7850 Turkish liras while the GBP/TRY exchange rate was 7.8150 at Friday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,188.30 by market close, versus $1,182.80 at close on Friday.

As of 6:15 p.m. local time (1515GMT), the price of Brent oil stood at around $83.59 per barrel, hovering between $82.56 and $83.69 during the day Monday.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.

Turkey's Borsa Istanbul down at close

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index fell 1.42 percent to close at 98,537.15 points on Monday.

Borsa Istanbul's BIST 100 index went down 1,419.75 points from last week's close of 99,956.90 points, while it started the week at 100,075.20 points.

At the daily close, the U.S. dollar/Turkish lira exchange rate fell to 5.9510, compared with Friday's close at 6.0230.

The euro/lira rate was 6.9130, down from 6.9750 at the previous close, and one British pound traded for 7.7850 Turkish liras while the GBP/TRY exchange rate was 7.8150 at Friday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,188.30 by market close, versus $1,182.80 at close on Friday.

As of 6:15 p.m. local time (1515GMT), the price of Brent oil stood at around $83.59 per barrel, hovering between $82.56 and $83.69 during the day Monday.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.

UPDATE – Turkey's Borsa Istanbul ends week below 100,000 points

UPDATES WITH MORE DAILY FIGURES

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended down 0.34 percent Friday to close at 99,956.90 points.

Borsa Istanbul's BIST 100 index saw a 341.83-point fall from Thursday's close of 100,298.73 points, while it started the last trading day at 100,427.37 points.

On a weekly basis, the benchmark index surged 2 percent, compared with its close at 97,988.16 points on Sept. 21.

During Friday's trading, the BIST 100's lowest level was recorded at 99,173.71 points, while it hit 100,473.01 points as daily peak.

On a daily basis, 39 stocks on the index rose, 51 fell, and 10 were flat compared to the previous close.

Among all sector indices, the BIST textile leather index was the top gainer — up 2.73 percent — while the BIST food beverage index did the worst, falling 1.76 percent.

Shares bedding and furniture company Yatas climbed the most with a 12.69 percent hike, and stocks of casting producer Cemas Dokum (CEMAS) showed the largest decline on Friday, going down 6.71 percent.

The market value of listed stocks on the BIST 100 amounted to some 653 billion Turkish liras ($107.5 billion) with a total trade volume of 10.05 billion Turkish liras ($1.67 billion).

By market capitalization, Turkish conglomerate Koc Holding was the top company with around $7.12 billion, followed by iron and steel producer Eregli Demir Celik ($6.35 billion) and energy giant Tupras ($5.53 billion).

Trade volume leaders of the day were private lenders Garanti and Yapi Kredi, national flag carrier Turkish Airlines, another private lender Akbank, and prominent defense company ASELSAN.

By market close, one U.S. dollar traded for 6.0230 Turkish liras, versus 5.9950 at Thursday's close. This week, the USD/TRY rate recorded a 4.27-percent drop compared with last Friday's close.

The euro/lira rate was 6.9750, down from 7.0250 at the previous close, and the GBP/TRY exchange rate fell to 7.8150, while one British pound traded for 7.8920 Turkish liras at Thursday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,182.80 at weekly close, compared with $1,195.50 at close on Thursday.

As of 6.15 p.m. local time (1515GMT), the price of Brent oil stood at around $82.72 per barrel, hovering between $81.29 and $82.88 through Friday.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.

Turkey's Borsa Istanbul ends week below 100,000 points

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended Friday down 0.34 percent to close at 99,956.90 points.

Borsa Istanbul's BIST 100 index saw 341.83-point fall from Thursday's close of 100,298.73 points, while it started the last trading day at 100,427.37 points.

On a weekly basis, the benchmark index surged two percent, compared with its close at 97,988.16 points on Sept. 21.

By market close, one U.S. dollar traded for 6.0230 Turkish liras, versus 5.9950 at Thursday's close. This week, the USD/TRY rate recorded a 4.27-percent drop compared with last Friday's close.

The euro/lira rate was 6.9750, down from 7.0250 at the previous close, and the GBP/TRY exchange rate fell to 7.8150, while one British pound traded for 7.8920 Turkish liras at Thursday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,182.80 at weekly close, compared with $1,195.50 at close on Thursday.

As of 6:15 p.m. local time (1515GMT), the price of Brent oil stood at around $82.72 per barrel, hovering between $81.29 and $82.88 through Friday.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.