Turkey stocks lower at close of trade; BIST 100 down 0.79%

Turkey stocks lower at close of trade; BIST 100 down 0.79%

Apr 24, 2018

Investing.com – Turkey stocks were lower after the close on Tuesday, as losses in the Transport, Sports and Metal Products&Machinery sectors led shares lower.

At the close in Istanbul, the BIST 100 declined 0.79%.

The best performers of the session on the BIST 100 were Banvit Bandirma Vitaminli Yem Sanayi AS (IS:BANVT), which rose 6.72% or 1.080 points to trade at 17.150 at the close. Meanwhile, Cemtas Celik Makina Sanayi ve Ticaret AS (IS:CEMTS) added 3.68% or 0.190 points to end at 5.360 and Bizim Toptan Satis Magazalari AS (IS:BIZIM) was up 3.59% or 0.28 points to 8.08 in late trade.

The worst performers of the session were Tesco Kipa Kitle Pazarlama Ticaret Lojistik ve Gida Sanayi AS (IS:KIPA), which fell 8.02% or 0.260 points to trade at 2.980 at the close. Otokar Otomotiv ve Savunma Sanayi AS (IS:OTKAR) declined 6.54% or 6.40 points to end at 91.50 and TAV Havalimanlari Holding (IS:TAVHL) was down 5.69% or 1.48 points to 24.52.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 231 to 117 and 57 ended unchanged.

Shares in Otokar Otomotiv ve Savunma Sanayi AS (IS:OTKAR) fell to 52-week lows; down 6.54% or 6.40 to 91.50.

Gold Futures for June delivery was up 0.50% or 6.60 to $1330.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.09% or 0.06 to hit $68.58 a barrel, while the June Brent oil contract rose 0.15% or 0.11 to trade at $74.82 a barrel.

USD/TRY was down 0.55% to 4.0868, while EUR/TRY fell 0.42% to 4.9975.

The US Dollar Index Futures was down 0.07% at 90.63.

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