Turkey stocks higher at close of trade; BIST 100 up 1.22%

Turkey stocks higher at close of trade; BIST 100 up 1.22%

Aug 27, 2018

Turkey stocks were higher after the close on Monday, as gains in the Tourism, Transport and Food&Beverages sectors led shares higher.

At the close in Istanbul, the BIST 100 rose 1.22%.

The best performers of the session on the BIST 100 were Koza Anadolu Metal Madencilik Isletmeleri AS (IS:KOZAA), which rose 11.26% or 0.600 points to trade at 5.930 at the close. Meanwhile, Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS (IS:IPEKE) added 9.94% or 0.460 points to end at 5.090 and Teknosa Ic ve Dis Ticaret AS (IS:TKNSA) was up 9.39% or 0.400 points to 4.660 in late trade.

The worst performers of the session were Turkiye Petrol Rafinerileri AS (IS:TUPRS), which fell 2.83% or 3.50 points to trade at 120.00 at the close. Hurriyet Gazetecilik ve Matbaacilik AS (IS:HURGZ) declined 2.73% or 0.030 points to end at 1.070 and Ulker Biskuvi Sanayi AS (IS:ULKER) was down 2.34% or 0.33 points to 13.76.

Rising stocks outnumbered declining ones on the Istanbul Stock Exchange by 285 to 84 and 39 ended unchanged.

Shares in Ulker Biskuvi Sanayi AS (IS:ULKER) fell to 3-years lows; down 2.34% or 0.33 to 13.76.

Gold Futures for December delivery was up 0.18% or 2.20 to $1215.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October unchanged 0.00% or 0.00 to hit $68.72 a barrel, while the November Brent oil contract rose 0.20% or 0.15 to trade at $76.28 a barrel.

USD/TRY was up 2.46% to 6.1499, while EUR/TRY rose 2.91% to 7.1818.

The US Dollar Index Futures was down 0.38% at 94.72.

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