Turkish main stock exchange ends Friday’s session with losses
Date
6/30/2024 4:51:30 AM
(MENAFN) Türkiye's main stock index, the BIST 100, concluded trading on Friday at 10,647.91 points, marking a decrease of 0.31 percent compared to the previous day's close. The day began with the index opening at 10,738.78 points but saw a decline of 33 points throughout the trading session. The total trading volume for the day amounted to 121.1 billion Turkish liras (approximately USD3.69 billion USD). Over the course of the week, the BIST 100 index recorded a decline of 1.15 percent, reflecting broader market trends and investor sentiment.
In commodity markets, the price of gold stood at USD2,338.55 per ounce, while Brent crude oil was priced around USD84.83 per barrel as of 6:31 p.m. local time (1531 GMT). These prices reflect ongoing fluctuations in global commodity markets amid economic uncertainties and geopolitical developments.
Currency exchange rates also saw movements during the trading day. The US dollar was trading at 32.7791 Turkish liras, the euro was at 35.1610 Turkish liras, and the British pound exchanged for 41.4132 Turkish liras. These exchange rates impact various sectors of the economy, influencing trade flows, consumer purchasing power, and overall economic stability.
Overall, the day's market activities in Türkiye highlighted mixed performances across different asset classes, influenced by both domestic economic factors and global market dynamics. Investors continue to monitor developments closely as they assess opportunities and risks in the evolving financial landscape.
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