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Turkey stocks lower at close of trade; BIST 100 down 0.62%

Published 01/04/2017, 11:05 AM
Updated 01/04/2017, 11:05 AM
© Reuters.  Turkey stocks lower at close of trade; BIST 100 down 0.62%

Investing.com – Turkey stocks were lower after the close on Wednesday, as losses in the Basic Metals, Metal Products & Machinery and Banking sectors led shares lower.

At the close in Istanbul, the BIST 100 fell 0.62%.

The best performers of the session on the BIST 100 were Hurriyet Gzt. (IS:HURGZ), which rose 6.76% or 0.050 points to trade at 0.790 at the close. Meanwhile, Dogan Holding (IS:DOHOL) added 5.19% or 0.040 points to end at 0.810 and Global Yat. Holding (IS:GLYHO) was up 3.64% or 0.060 points to 1.710 in late trade.

The worst performers of the session were Eregli Demir Celik (IS:EREGL), which fell 4.62% or 0.230 points to trade at 4.750 at the close. Aygaz (IS:AYGAZ) declined 3.15% or 0.37 points to end at 11.39 and Karsan Otomotiv (IS:KARSN) was down 2.68% or 0.030 points to 1.090.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 197 to 144 and 64 ended unchanged.

Gold for February delivery was up 0.23% or 2.65 to $1164.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.57% or 0.30 to hit $52.63 a barrel, while the March Brent oil contract rose 0.59% or 0.33 to trade at $55.80 a barrel.

USD/TRY was down 0.57% to 3.5735, while EUR/TRY rose 0.11% to 3.7444.

The US Dollar Index was down 0.61% at 102.61.

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