Turkey Stock Market Update

Investing.com – Turkey stocks were higher after the close on Wednesday, as gains in the Telecoms, Insurance, and Food & Beverages sectors led shares higher.

At the close in Istanbul, the BIST 100 added 0.97%.

Best Performers

The best performers on the BIST 100 were:
– Oba Makarnacilik Sanayi ve Ticaret AS (IS:OBAMS): rose 7.67% or 2.80 points to trade at 39.30.
– Karsan Otomotiv Sanayi ve Ticaret AS (IS:KARSN): added 6.17% or 0.87 points to end at 14.97.
– Turkcell Iletisim Hizmetleri AS ORD (IS:TCELL): was up 5.71% or 4.70 points to 87.05 in late trade.

Worst Performers

The worst performers were:
– MLP Saglik Hizmetleri AS (IS:MPARK): fell 9.95% or 35.50 points to trade at 321.25.
– Baticim Bati Anadolu Cimento Sanayi AS (IS:BTCIM): declined 5.68% or 9.60 points to end at 159.40.
– 1000 Yatirimlar Holding AS (IS:BINHO): was down 3.96% or 13.00 points to 315.00.

Rising stocks outnumbered declining ones on the Istanbul Stock Exchange by 281 to 271, with 26 ending unchanged.

Commodities Update

Gold Futures for December delivery were down 0.16% or 4.20 to $2,631.20 a troy ounce.
In other commodities trading, Crude oil for November delivery fell 0.56% or 0.41 to hit $73.16 a barrel, while the December Brent oil contract dropped 0.78% or 0.60 to trade at $76.58 a barrel.

Currency Update

• USD/TRY was down 0.06% to 34.22.
• EUR/TRY fell 0.48% to 37.48.
• The US Dollar Index Futures was up 0.23% at 102.54.