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Turkey stocks higher at close of trade; BIST 100 up 1.55%

Published 10/31/2017, 12:05 PM
Updated 10/31/2017, 12:05 PM
© Reuters.  Turkey stocks higher at close of trade; BIST 100 up 1.55%

Investing.com – Turkey stocks were higher after the close on Tuesday, as gains in the Leasing & Factoring, Technology and Metal Products & Machinery sectors led shares higher.

At the close in Istanbul, the BIST 100 added 1.55% to hit a new 1-month high.

The best performers of the session on the BIST 100 were Karsan Otomotiv Sanayi ve Ticaret AS (IS:KARSN), which rose 19.54% or 0.340 points to trade at 2.080 at the close. Meanwhile, Vestel Elektronik Sanayi ve Ticaret AS (IS:VESTL) added 17.76% or 1.490 points to end at 9.880 and Zorlu Enerji Elektrik Uretim AS (IS:ZOREN) was up 5.84% or 0.090 points to 1.630 in late trade.

The worst performers of the session were Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS (IS:IPEKE), which fell 4.85% or 0.310 points to trade at 6.080 at the close. Banvit Bandirma Vitaminli Yem Sanayi AS (IS:BANVT) declined 4.61% or 1.300 points to end at 26.900 and Goodyear Lastikleri TAS (IS:GOODY) was down 3.78% or 0.17 points to 4.33.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 200 to 167 and 36 ended unchanged.

Shares in Karsan Otomotiv Sanayi ve Ticaret AS (IS:KARSN) rose to 52-week highs; up 19.54% or 0.340 to 2.080. Shares in Vestel Elektronik Sanayi ve Ticaret AS (IS:VESTL) rose to all time highs; up 17.76% or 1.490 to 9.880.

Gold Futures for December delivery was down 0.58% or 7.46 to $1270.24 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.07% or 0.04 to hit $54.19 a barrel, while the January Brent oil contract rose 0.10% or 0.06 to trade at $60.65 a barrel.

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USD/TRY was up 0.34% to 3.7973, while EUR/TRY rose 0.30% to 4.4233.

The US Dollar Index Futures was up 0.10% at 94.47.

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