Turkey’s main share starts Wednesday’s session with flat performance
Date
6/26/2024 8:45:13 AM
(MENAFN) The Turkish benchmark stock index, Borsa Istanbul's BIST 100, kicked off Wednesday's trading session at 10,680.50 points, showing a slight uptick of 0.52 points from its previous closing level. This follows a modest decline of 0.52 percent on Tuesday, where the index closed at 10,679.98 points, amidst a robust daily transaction volume of 126.5 billion liras (USD3.84 billion).
In the foreign exchange market, the US dollar to Turkish lira (USD/TRY) exchange rate stood at 32.9387 as of 9:57 a.m. (0657 GMT). Similarly, the euro to Turkish lira (EUR/TRY) rate was reported at 35.3270, while the British pound to Turkish lira (GBP/TRY) rate hovered around 41.8234.
Turning to commodity prices, the price of gold remained steady at USD2,327.90 per ounce, reflecting stable investor sentiment in the precious metals market. Concurrently, the price per barrel of Brent crude oil showed resilience, maintaining a level near USD84.72.
The opening figures indicate cautious optimism in the Turkish financial markets, underpinned by efforts to navigate global economic uncertainties and geopolitical dynamics. Investors are closely monitoring currency fluctuations and commodity trends for indications of market resilience and economic stability in Turkey amidst broader global challenges.
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