(MENAFN) Türkiye’s benchmark stock index, the BIST 100, began trading Tuesday at 10,567.66 points, marking a modest increase of 0.11%, or 11.47 points, compared to Monday’s closing level. This slight uptick follows a sharp decline in the previous session, reflecting cautious investor sentiment amid ongoing economic uncertainties.

On Monday, the BIST 100 experienced a significant drop, falling 1.53% to close at 10,556.18 points. The market saw a substantial daily transaction volume of 104.3 billion Turkish liras (approximately $2.49 billion), underscoring active trading despite the downward pressure.

Currency markets showed relative stability early Tuesday. As of 10:05 a.m. local time (07:05 GMT), the Turkish lira was valued at 41.8030 against the U.S. dollar, 48.4345 versus the euro, and 55.5820 against the British pound. These rates indicate modest fluctuations following recent volatility in emerging market currencies.

Commodity prices reflected global trends, with the price of an ounce of gold standing at $4,109.30. Brent crude oil was trading at $62.50 per barrel, showing steady demand amid fluctuating energy market dynamics.

Investors are closely watching these developments as Türkiye’s financial markets navigate a complex environment of domestic and international economic challenges.

MENAFN14102025000045017169ID1110193429