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Turkey stocks higher at close of trade; BIST 100 up 1.54%

Published 06/02/2017, 12:05 PM
© Reuters.  Turkey stocks higher at close of trade; BIST 100 up 1.54%
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Investing.com – Turkey stocks were higher after the close on Friday, as gains in the Leasing & Factoring, Basic Metals and Metal Products & Machinery sectors led shares higher.

At the close in Istanbul, the BIST 100 added 1.54% to hit a new all time high.

The best performers of the session on the BIST 100 were Arcelik AS (IS:ARCLK), which rose 5.97% or 1.48 points to trade at 26.26 at the close. Meanwhile, Celebi Hava Servisi AS (IS:CLEBI) added 4.19% or 1.12 points to end at 27.82 and Albaraka Turk Katilim Bankasi AS (IS:ALBRK) was up 4.13% or 0.050 points to 1.260 in late trade.

The worst performers of the session were Logo Yazilim Sanayi ve Ticaret AS (IS:LOGO), which fell 1.04% or 0.600 points to trade at 57.000 at the close. Otokar Otomotiv ve Savunma Sanayi AS (IS:OTKAR) declined 0.76% or 1.00 points to end at 130.40 and ODAS Elektrik Uretim Sanayi Ticaret AS (IS:ODAS) was down 0.73% or 0.040 points to 5.430.

Rising stocks outnumbered declining ones on the Istanbul Stock Exchange by 270 to 75 and 62 ended unchanged.

Shares in Arcelik AS (IS:ARCLK) rose to all time highs; up 5.97% or 1.48 to 26.26. Shares in Celebi Hava Servisi AS (IS:CLEBI) rose to 52-week highs; gaining 4.19% or 1.12 to 27.82.

Gold Futures for June delivery was up 0.78% or 9.86 to $1276.86 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.47% or 0.71 to hit $47.65 a barrel, while the August Brent oil contract fell 1.28% or 0.65 to trade at $49.98 a barrel.

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USD/TRY was down 0.30% to 3.5137, while EUR/TRY rose 0.19% to 3.9626.

The US Dollar Index Futures was down 0.48% at 96.69.

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