Turkey stocks lower at close of trade; BIST 100 down 2.31%

Aug 10, 2018

Turkey stocks were lower after the close on Friday, as losses in the Sports, Leasing&Factoring and Banking sectors led shares lower.

At the close in Istanbul, the BIST 100 fell 2.31%.

The best performers of the session on the BIST 100 were Turkiye Petrol Rafinerileri AS (IS:TUPRS), which rose 7.16% or 7.40 points to trade at 110.80 at the close. Meanwhile, TAV Havalimanlari Holding (IS:TAVHL) added 6.04% or 1.66 points to end at 29.16 and Petkim Petrokimya Holding AS (IS:PETKM) was up 3.94% or 0.220 points to 5.800 in late trade.

The worst performers of the session were Mavi Giyim Sanayi Ve Ticaret AS (IS:MAVI), which fell 12.50% or 4.00 points to trade at 28.00 at the close. Kiler Gayrimenkul Yatirim Ortakligi AS (IS:KLGYO) declined 9.80% or 0.200 points to end at 1.840 and Yatas Yatak ve Yorgan Sanayi Ticaret AS (IS:YATAS) was down 9.66% or 0.370 points to 3.460.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 365 to 35 and 10 ended unchanged.

Shares in Mavi Giyim Sanayi Ve Ticaret AS (IS:MAVI) fell to all time lows; down 12.50% or 4.00 to 28.00. Shares in Kiler Gayrimenkul Yatirim Ortakligi AS (IS:KLGYO) fell to 52-week lows; down 9.80% or 0.200 to 1.840. Shares in Yatas Yatak ve Yorgan Sanayi Ticaret AS (IS:YATAS) fell to 52-week lows; losing 9.66% or 0.370 to 3.460.

Gold Futures for December delivery was down 0.04% or 0.50 to $1219.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.29% or 0.86 to hit $67.67 a barrel, while the October Brent oil contract rose 1.21% or 0.87 to trade at $72.94 a barrel.

USD/TRY was up 16.87% to 6.4859, while EUR/TRY rose 15.55% to 7.3967.

The US Dollar Index Futures was up 0.79% at 96.21.