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Türkiye's BIST 100 Closes Friday in Red
(MENAFN) Türkiye's flagship equity index closed in the red Friday, capping the week with a modest decline as selling pressure outweighed early gains throughout the session.
The Borsa Istanbul BIST 100 index settled at 12,698.19 points — shedding 28.87 points from Thursday's close after opening the day at 12,802.98. The index swung between a session low of 12,601.60 and a peak of 12,825.01 before finishing the day down 0.23%.
Breadth was notably negative, with 65 index constituents declining against just 32 advancing stocks.
The index's total market capitalization stood at approximately 12.4 trillion Turkish liras — equivalent to roughly $279.5 billion — while daily trading volume reached 112 billion liras ($2.52 billion), reflecting steady investor participation despite the downward drift.
On the commodities front, gold surged to $4,530 per ounce, while Brent crude futures held firm at $111.4 per barrel as of 6:50 p.m. local time (1550 GMT).
Currency markets showed the US dollar buying 44.4595 Turkish liras, while the euro fetched 51.3085 liras and the British pound exchanged hands at 59.2100 liras.
The Borsa Istanbul BIST 100 index settled at 12,698.19 points — shedding 28.87 points from Thursday's close after opening the day at 12,802.98. The index swung between a session low of 12,601.60 and a peak of 12,825.01 before finishing the day down 0.23%.
Breadth was notably negative, with 65 index constituents declining against just 32 advancing stocks.
The index's total market capitalization stood at approximately 12.4 trillion Turkish liras — equivalent to roughly $279.5 billion — while daily trading volume reached 112 billion liras ($2.52 billion), reflecting steady investor participation despite the downward drift.
On the commodities front, gold surged to $4,530 per ounce, while Brent crude futures held firm at $111.4 per barrel as of 6:50 p.m. local time (1550 GMT).
Currency markets showed the US dollar buying 44.4595 Turkish liras, while the euro fetched 51.3085 liras and the British pound exchanged hands at 59.2100 liras.
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