UPDATE – Turkish stocks end Tuesday 1.61% down

UPDATES WITH MORE DAILY FIGURES

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended Tuesday down 1.61% to close at 91,482.45 points.

After starting the day at 90,801.28 points, Borsa Istanbul's BIST 100 index fell 1,499.82 points from 92,982.27 points at Monday's close.

Peaking at 91,926.73 points, the BIST 100's daily low was 90,698.17 points during Tuesday's trading — 36 stocks on the index rose, 57 fell, and seven were flat compared to the previous close.

Closing the day with a market value of nearly 607 billion Turkish liras ($101.3 billion), the benchmark index posted a daily trading volume of 5.43 billion Turkish liras ($883 million).

By market capitalization, Turkish conglomerate Koc Holding ($6.39 billion), private lender Garanti BBVA ($5.29 billion), and iron and steel producer Eregli Demir Celik ($5.07) were the leading companies of BIST 100.

Stocks of Garanti BBVA, national flag carrier Turkish Airlines, and Eregli Demir Celik recorded the highest trading volumes on Tuesday — accounting for 34.7% of the benchmark index's total trade volume.

Shares of energy and construction company Isiklar Enerji Yapi Holding (IEYHO) were the top gainers for the second consecutive day with a 19.44% hike, as stocks of Tofas (TOASO), which operates in the automotive field, saw the biggest drop, falling 5.31%.

One ounce of gold was sold for $1,279.85 at the daily close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,282.70 at Monday's close.

The price of Brent oil was $70.03 per barrel as of 6 p.m. local time (1500GMT) on Tuesday — with a day range of $69.39 to $71.36.

At the beginning of 2019, a barrel of Brent oil was sold for around $53.

Exchange RatesMondayTuesday
USD/TRY6.01406.1410
EUR/TRY6.73406.8740
GBP/TRY 7.89008.0330

Turkish stocks end Tuesday 1.61% down

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended Tuesday down 1.61% to close at 91,482.45 points.

After starting the day at 90,801.28 points, Borsa Istanbul's BIST 100 index fell 1,499.82 points from 92,982.27 points at Monday's close.

One ounce of gold was sold for $1,279.85 at the daily close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,282.70 at Monday's close.

The price of Brent oil was $70.03 per barrel as of 6 p.m. local time (1500GMT) on Tuesday — with a day range of $69.39 to $71.36.

At the beginning of 2019, a barrel of Brent oil was sold for around $53.

Exchange RatesMondayTuesday
USD/TRY6.01406.1410
EUR/TRY6.73406.8740
GBP/TRY 7.89008.0330

UPDATE – Turkish stocks end week 0.25% down

UPDATES WITH MORE DAILY FIGURES

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended the week down 0.25% to close at 93,946.08 points on Friday.

After starting the day at 94,245.42 points, Borsa Istanbul's BIST 100 index fell 233.29 points from 94,179.37 points at Thursday's close.

On a weekly basis, the benchmark index posted a 0.88% decline, although it has climbed 5.72% from 88,865.01 points at the close on the first business day of 2019.

Peaking at 94,395.92 points, the BIST 100's daily low was 93,475.69 points during Friday's trading — 46 stocks on the index rose, 44 fell, and 10 were flat compared to the previous close.

Closing the week with a market value of some 623 billion Turkish liras ($105 billion), the benchmark index posted a daily trading volume of 3.91 billion Turkish liras ($655 million).

Turkish conglomerate Koc Holding ($6.97 billion), private lender Garanti BBVA ($5.73 billion), iron and steel producer Eregli ($5.29 billion) were the BIST 100's leading companies by market capitalization.

Stocks of Garanti BBVA, national flag carrier Turkish Airlines, and prominent sports club Galatasaray posted the highest trading volumes on Friday — accounting for nearly 37% of the benchmark index's total trade volume.

Shares of conglomerate Ittifak Holding performed the best, rising 8.19%, as another major sports club Besiktas (BJKAS) saw the biggest drop, falling 5.48%.

One ounce of gold was sold for $1,270.25 at the weekly close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,270.00 at Thursday's close.

The price of Brent oil was $71.19 per barrel as of 6 p.m. local time (1500GMT) on Friday — with a day range of $69.97 to $71.25.

At the beginning of 2019, a barrel of Brent oil was sold for around $53.

Exchange RatesThursdayFriday
USD/TRY5.96905.9720
EUR/TRY6.68606.6880
GBP/TRY7.78907.7780

Turkish stocks end week 0.25% down

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended the week down 0.25% to close at 93,946.08 points on Friday.

After starting the day at 94,245.42 points, Borsa Istanbul's BIST 100 index fell 233.29 points from 94,179.37 points at Thursday's close.

On a weekly basis, the benchmark index posted a 0.88% decline, although it has climbed 5.72% from 88,865.01 points at the close on the first business day of 2019.

One ounce of gold was sold for $1,270.25 at the weekly close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,270.00 at Thursday's close.

The price of Brent oil was $71.19 per barrel as of 6 p.m. local time (1500GMT) on Friday — with a day range of $69.97 to $71.25.

At the beginning of 2019, a barrel of Brent oil was sold for around $53.

Exchange RatesThursdayFriday
USD/TRY5.96905.9720
EUR/TRY6.68606.6880
GBP/TRY7.78907.7780

Turkey's benchmark stock index ends Tuesday up 0.93%

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended Tuesday up 0.93% to close at 95,415.57 points.

After starting the day at 94,736.05 points, Borsa Istanbul's BIST 100 index surged 880.47 points from 94,535.10 at Monday's close.

The stock exchange market will be closed on Wednesday for May 1 International Labor Day, an official holiday in Turkey.

Hovering between 94,736.05 and 95,730.16 points during Tuesday's trading, 54 stocks on the index rose while 36 fell and 10 remained flat compared to the previous close.

The benchmark index closed Tuesday with a market value of nearly 631 billion Turkish liras ($106 billion), and posted a daily trading volume of 6.07 billion Turkish liras ($1.02 billion).

By market capitalization, Turkish conglomerate Koc Holding ($6.89 billion), private lender Garanti BBVA ($5.76 billion), and iron/steel producer Eregli Demir Celik ($5.38 billion) were the BIST 100's top companies.

The daily trading volume leaders were Garanti BBVA, national flag carrier Turkish Airlines, and prominent Turkish sports club Galatasaray — accounting for nearly 38.5% of the benchmark index's total trading volume.

Stocks of another major Turkish sports club Besiktas (BJKAS) were the best performers — up 14.16% — as shares conglomerate Ihlas Holding (IHLAS) saw the largest decline, going down 9.09%.

One ounce of gold sold for $1,283.35 at the daily close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,282.50 at Monday's close.

The price of Brent oil was $72.31 per barrel as of 7.15 p.m. local time (1615GMT) on Tuesday — with a day range of $71.19 to $72.78.

At the beginning of 2019, a barrel of Brent oil sold for around $53.

Exchange RatesMondayTuesday
USD/TRY5.94505.9580
EUR/TRY6.63706.6890
GBP/TRY7.67507.7740

Turkish stocks end Monday 0.26% down

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended the day down 0.26% to close at 94,535.10
points on Monday.

After starting the week at 95,039.78 points, Borsa Istanbul's BIST 100 index fell 248.04 points from 94,783.14 points at Friday's close.

Peaking at 95,113.87 points, the BIST 100's daily low was 94,236.73 points during Monday's trading — 30 stocks on the index rose, 63 fell, and seven were flat compared to the previous close.

Closing the day with a market value of nearly 625 billion Turkish liras ($105 billion), the benchmark index posted a daily trading volume of 4.84 billion Turkish liras ($815 million).

By market capitalization, Turkish conglomerate Koc Holding ($6.91 billion), private lender Garanti BBVA ($5.62 billion), and iron/steel producer Eregli Demir Celik ($5.34 billion) were the BIST 100's top companies.

Stocks of Garanti BBVA, national flag carrier Turkish Airlines, and another private lender Is Bankasi recorded the highest trading volumes on Monday — accounting for around 35% of the benchmark index's total trade volume.

Stocks of prominent Turkish sports club Galatasaray (GSRAY) were the top gainers — up 19.77% — as shares of conglomerate Verusa Holding (VERUS) did the worst, falling 5.79%.

One ounce of gold sold for $1,282.50 at the daily close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,282.00 at Friday's close.

The price of Brent oil was $71.75 per barrel as of 7 p.m. local time (1600GMT) on Monday — with a day range of $71.31 to $74.42.

At the beginning of 2019, a barrel of Brent oil sold for around $53.

Exchange RatesFridayMonday
USD/TRY5.94305.9450
EUR/TRY6.63306.6370
GBP/TRY7.66807.6750

UPDATE – Turkish stocks end week up

UPDATES WITH MORE DAILY FIGURES

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended the week up 0.30% to close at 94,783.14 points on Friday.

After starting the day at 94,886.81 points, Borsa Istanbul's BIST 100 index surged 284.6 points from 94,498.54 points at Thursday's close.

On a weekly basis, the benchmark index posted a 2.14% decline, although it has climbed 6.65% from 88,865.01 points at the close on the first business day of 2019.

Peaking at 95,144.78 points, the BIST 100's daily low was 94,046.19 points during Friday's trading — 49 stocks on the index rose, 36 fell, and 15 were flat compared to the previous close.

Closing the week with a market value of some 627.5 billion Turkish liras ($106.5 billion), the benchmark index posted a daily trading volume of 4.63 billion Turkish liras ($780 million).

Turkish conglomerate Koc Holding ($6.98 billion) and private lenders Garanti BBVA ($5.77 billion) and Akbank ($5.45 billion) were the BIST 100's leading companies by market capitalization.

Stocks of Garanti BBVA, national flag carrier Turkish Airlines, and state lender Halkbank posted the highest trading volumes on Friday — accounting for nearly 37.4% of the benchmark index's total trade volume.

Shares of conglomerate Ittifak Holding (ITTFH) performed the best, rising 10.96%, as chemical and paint producer Polisan Holding (POLHO) saw the biggest drop, falling 11.50%.

One ounce of gold sold for $1,282 at the weekly close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,277 at Thursday's close.

The price of Brent oil was $71.83 per barrel as of 6.15 p.m. local time (1515GMT) on Friday — with a day range of $71.31 to $74.42.

At the beginning of 2019, a barrel of Brent oil sold for around $53.

Exchange RatesThursdayFriday
USD/TRY5.94705.9430
EUR/TRY6.63906.6330
GBP/TRY7.68207.6680

Turkish stocks end week up

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended the week up 0.30% to close at 94,783.14 points on Friday.

After starting the day at 94,886.81 points, Borsa Istanbul's BIST 100 index surged 284.6 points from 94,498.54 points at Thursday's close.

On a weekly basis, the benchmark index posted a 2.14% decline, although it has climbed 6.65% from 88,865.01 points at the close on the first business day of 2019.

One ounce of gold was sold for $1,282 at the weekly close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,277 at Thursday's close.

The price of Brent oil was $71.83 per barrel as of 6.15 p.m. local time (1515GMT) on Friday — with a day range of $71.31 to $74.42.

At the beginning of 2019, a barrel of Brent oil was sold for around $53.

Exchange RatesThursdayFriday
USD/TRY5.94705.9430
EUR/TRY6.63906.6330
GBP/TRY7.68207.6680

UPDATE – Turkish stocks end Thursday down

UPDATES WITH MORE DAILY FIGURES

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended Thursday down 1.71% to close at 94,498.54 points.

After starting the day at 96,351.05 points, Borsa Istanbul's BIST 100 index fell 1,643.64 points from 96,142.18 points at Wednesday's close.

Peaking at 96,457.08 points, the BIST 100's daily low was 93,891.66 points during Thursday's trading — 14 stocks on the index rose, 82 fell, and four were flat compared to the previous close.

Closing the day with a market value of some 626 billion Turkish liras ($107 billion), the benchmark index posted a daily trading volume of 5.71 billion Turkish liras ($967 million).

Turkish conglomerate Koc Holding ($7.04 billion) and private lenders Garanti BBVA ($5.79 billion) and Akbank ($5.42 billion) were the BIST 100's leading companies by market capitalization.

Stocks of Garanti BBVA, national flag carrier Turkish Airlines, and Akbank posted the highest trading volumes on Thursday — accounting for nearly 36.5% of the benchmark index's total trade volume.

Shares of conglomerate Ihlas Holding (IHLAS) saw the highest increase — up 4.17% — while stocks of Tofas (TOASO), which operates in the field of automotive, saw the biggest drop, falling 6.31 percent.

One ounce of gold sold for $1.277,00 at the daily close in Borsa Istanbul's Precious Metals and Diamond Markets, versus the previous close of $1.271,70.

The price of Brent oil was $74.97 per barrel as of 6.15 p.m. local time (1515GMT) on Thursday — with a day range of $74.28 to $75.59.

At the beginning of 2019, a barrel of Brent oil sold for around $53.

Exchange RatesWednesdayThursday
USD/TRY5.88505.9470
EUR/TRY6.59006.6390
GBP/TRY7.63007.6820

UPDATE – Turkish stocks up at midweek close

UPDATES WITH MORE DAILY FIGURES

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index ended midweek trading up 0.20% to close at 96,142.18 points on Wednesday.

After starting the day at 95,821.42 points, Borsa Istanbul's BIST 100 index surged 189.41 points from 95,952.77 points at Monday's close.

There were no transactions on Tuesday due to a public holiday in Turkey to mark the April 23 National Sovereignty and Children’s Day.

During Wednesday's trading, the BIST 100's daily low was 95,821.42 points and it peaked at 96,537.15 points — 47 stocks on the index rose, 46 fell, and seven were flat compared to the previous close.

Closing the day with a market value of some 638 billion Turkish liras ($109.5 billion), the benchmark index posted a daily trading volume of 5.44 billion Turkish liras ($927 million).

Turkish conglomerate Koc Holding, private lenders Garanti Bankasi and Akbank were the BIST 100's top companies by market capitalization.

Stocks of Garanti Bankasi, national flag carrier Turkish Airlines, and Akbank posted the highest trading volumes on Wednesday.

Turkish sports club Besiktas (BJKAS) enjoyed the best performance, as its shares climbed 12.42%, while stocks of conglomerate Ihlas Holding (IHLAS) did the worst with 5.88% loss in the stock value.

One ounce of gold was sold for $1.271,70 at the daily close in Borsa Istanbul's Precious Metals and Diamond Markets, versus previous close of $1,279.50.

A barrel of Brent oil was sold for $74.34 as of 6 p.m. local time (1500GMT) on Wednesday — with a day range of $74.02 to $74.70.

At the beginning of 2019, the price of Brent oil was around $53 per barrel.

Exchange RatesTuesdayWednesday
USD/TRY5.83705.8850
EUR/TRY6.54806.5900
GBP/TRY7.58207.6300