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Turkey stocks lower at close of trade; BIST 100 down 0.08%

by January 24, 2025
written by January 24, 2025

Investing.com – Turkey stocks were lower after the close on Friday, as losses in the Banking, Sports and Financials sectors led shares lower.

At the close in Istanbul, the BIST 100 fell 0.08%.

The best performers of the session on the BIST 100 were Reeder Teknoloji Sanayi Ve Ticaret AS (IS:REEDR), which rose 5.97% or 0.80 points to trade at 14.20 at the close. Meanwhile, Cimsa Cimento Sanayi ve Ticaret AS (IS:CIMSA) added 4.52% or 2.40 points to end at 55.50 and Girisim Elektrik Taahhut Ticaret & Sanayi AS (IS:GESAN) was up 3.84% or 1.80 points to 48.70 in late trade.

The worst performers of the session were Ard Grup Bilisim Teknolojileri AS (IS:ARDYZ), which fell 2.59% or 1.04 points to trade at 39.10 at the close. Akbank TAS (IS:AKBNK) declined 2.49% or 1.70 points to end at 66.45 and Ford Otomotiv Sanayi AS (IS:FROTO) was down 2.46% or 23.50 points to 932.50.

Rising stocks outnumbered declining ones on the Istanbul Stock Exchange by 282 to 281 and 22 ended unchanged.

Shares in Cimsa Cimento Sanayi ve Ticaret AS (IS:CIMSA) rose to all time highs; up 4.52% or 2.40 to 55.50.

Gold Futures for February delivery was up 1.02% or 28.29 to $2,793.29 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.03% or 0.02 to hit $74.60 a barrel, while the March Brent oil contract rose 0.18% or 0.14 to trade at $78.43 a barrel.

USD/TRY was up 0.18% to 35.68, while EUR/TRY rose 1.12% to 37.51.

The US Dollar Index Futures was down 0.62% at 107.19.

This post appeared first on investing.com
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