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Turkey stocks lower at close of trade; BIST 100 down 2.54%

Published 05/13/2019, 12:05 PM
Updated 05/13/2019, 12:05 PM
Turkey stocks lower at close of trade; BIST 100 down 2.54%

Turkey stocks lower at close of trade; BIST 100 down 2.54%

Investing.com – Turkey stocks were lower after the close on Monday, as losses in the Sports, Real Estate Investments and Wholesale & Retail Trade sectors led shares lower.

At the close in Istanbul, the BIST 100 lost 2.54% to hit a new 52-week low.

The best performers of the session on the BIST 100 were Pegasus Hava Tasimaciligi AS (IS:PGSUS), which rose 3.86% or 1.100 points to trade at 29.600 at the close. Meanwhile, Ege Endustri ve Ticaret AS (IS:EGEEN) added 2.58% or 11.20 points to end at 445.50 and Celebi Hava Servisi AS (IS:CLEBI) was up 2.36% or 1.80 points to 78.20 in late trade.

The worst performers of the session were Karsan Otomotiv Sanayi ve Ticaret AS (IS:KARSN), which fell 12.80% or 0.160 points to trade at 1.090 at the close. Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS (IS:BJKAS) declined 12.00% or 0.210 points to end at 1.540 and Polisan Holding AS (IS:POLHO) was down 11.53% or 0.370 points to 2.840.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 319 to 52 and 32 ended unchanged.

Shares in Karsan Otomotiv Sanayi ve Ticaret AS (IS:KARSN) fell to 52-week lows; losing 12.80% or 0.160 to 1.090. Shares in Celebi Hava Servisi AS (IS:CLEBI) rose to all time highs; up 2.36% or 1.80 to 78.20.

Gold Futures for June delivery was up 0.92% or 11.85 to $1299.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.92% or 0.57 to hit $61.09 a barrel, while the July Brent oil contract fell 0.68% or 0.48 to trade at $70.14 a barrel.

USD/TRY was up 1.92% to 6.0903, while EUR/TRY rose 1.72% to 6.8409.

The US Dollar Index Futures was down 0.02% at 97.102.

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