Turkey stocks higher at close of trade; BIST 100 up 0.88%

Turkey stocks higher at close of trade; BIST 100 up 0.88%

Jul 24, 2019

Turkey stocks were higher after the close on Wednesday, as gains in the Leasing&Factoring, Chemical, Petroleum&Plastic and Wholesale&Retail Trade sectors led shares higher.

At the close in Istanbul, the BIST 100 added 0.88% to hit a new 3-months high.

The best performers of the session on the BIST 100 were Ihlas Holding AS (IS:IHLAS), which rose 9.30% or 0.040 points to trade at 0.470 at the close. Meanwhile, Gersan Elektrik Ticaret ve Sanayi AS (IS:GEREL) added 7.76% or 0.170 points to end at 2.360 and Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS (IS:IHLGM) was up 5.56% or 0.050 points to 0.950 in late trade.

The worst performers of the session were Is Gayrimenkul Yatirim Ortakligi AS (IS:ISGYO), which fell 2.94% or 0.030 points to trade at 0.990 at the close. Vestel Elektronik Sanayi ve Ticaret AS (IS:VESTL) declined 2.32% or 0.230 points to end at 9.700 and Metro Ticari ve Mali Yatirimlar Holding AS (IS:METRO) was down 1.80% or 0.020 points to 1.090.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 201 to 142 and 66 ended unchanged.

Gold Futures for August delivery was down 0.00% or 0.05 to $1421.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.19% or 0.11 to hit $56.66 a barrel, while the September Brent oil contract rose 0.27% or 0.17 to trade at $64.00 a barrel.

USD/TRY was down 0.39% to 5.6947, while EUR/TRY fell 0.48% to 6.3441.

The US Dollar Index Futures was down 0.03% at 97.393.

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