Turkey shares lower at close of trade; BIST 100 down 1.58%

Source Investing

Investing.com – Turkey equities were lower at the close on Thursday, as losses in the Wholesale&Retail Trade, Telecoms and Services sectors propelled shares lower.

At the close in Istanbul, the BIST 100 fell 1.58%.

The biggest gainers of the session on the BIST 100 were Katilimevim Tasarruf Finansman AS (IS:KTLEV), which rose 9.09% or 4.75 points to trade at 57.00 at the close. Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS (IS:GOLTS) added 6.48% or 25.50 points to end at 419.00 and Altinay Savunma Teknolojileri AS (IS:ALTNY) was up 4.09% or 3.85 points to 98.00 in late trade.

Biggest losers included Tofas Turk Otomobil Fabrikasi AS (IS:TOASO), which lost 4.23% or 8.30 points to trade at 188.00 in late trade. BIM Birlesik Magazalar AS (IS:BIMAS) declined 4.11% or 20.00 points to end at 466.50 and Aksa Enerji Uretim AS (IS:AKSEN) shed 3.85% or 1.32 points to 33.00.

Declining stocks outnumbered rising ones by 322 to 234 and 26 ended unchanged on the Istanbul Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 1.85% or 51.90 to $2,748.90 a troy ounce. Meanwhile, Crude oil for delivery in December rose 1.59% or 1.09 to hit $69.70 a barrel, while the January Brent oil contract rose 1.44% or 1.04 to trade at $73.20 a barrel.

USD/TRY was up 0.15% to 34.26, while EUR/TRY rose 0.23% to 37.29.

The US Dollar Index Futures was up 0.14% at 104.00.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Japanese Yen rallies to February 18 high as upbeat wage data and GDP lift BoJ hike betsThe USD/JPY pair declines for the second straight day – also marking the fourth day of a fall in the previous five – and sinks to its lowest level since February 18, around mid-153.00s during the Asian session on Tuesday.
Author  FXStreet
Sep 08, Tue
The USD/JPY pair declines for the second straight day – also marking the fourth day of a fall in the previous five – and sinks to its lowest level since February 18, around mid-153.00s during the Asian session on Tuesday.
placeholder
Gold slumps to near $4,350 amid oil-driven inflation fears, US inflation data in focusGold price (XAU/USD) falls to near $4,350 during the early Asian session on Wednesday. The precious metal faces some selling pressure as rising oil prices fueled inflation ‌concerns and boosted expectations for a rate hike by the Federal Reserve (Fed) in September.
Author  FXStreet
Sep 09, Wed
Gold price (XAU/USD) falls to near $4,350 during the early Asian session on Wednesday. The precious metal faces some selling pressure as rising oil prices fueled inflation ‌concerns and boosted expectations for a rate hike by the Federal Reserve (Fed) in September.
placeholder
US August PPI Preview: Producer Inflation May Reaccelerate, How Will US Stocks, Dollar, and Gold React?The U.S. Bureau of Labor Statistics will release the August Producer Price Index (PPI) at 8:30 a.m. ET on September 10. Against the backdrop of U.S. August non-farm payrolls significantly
Author  TradingKey
Sep 09, Wed
The U.S. Bureau of Labor Statistics will release the August Producer Price Index (PPI) at 8:30 a.m. ET on September 10. Against the backdrop of U.S. August non-farm payrolls significantly
placeholder
Brent holds above $100 as tanker attacks tighten supply — but four forces are capping the rallyBrent crude is holding above $100 a barrel for a second session, its first close above the level since late July, as tanker attacks near the Strait of Hormuz squeeze an already tight physical market. Yet the rally has been gradual: 8.3 mb/d of Gulf output is still shut in, diesel is at a record, and forecasts now range from $74 to $100.
Author  Irene Q.
Yesterday 07: 34
Brent crude is holding above $100 a barrel for a second session, its first close above the level since late July, as tanker attacks near the Strait of Hormuz squeeze an already tight physical market. Yet the rally has been gradual: 8.3 mb/d of Gulf output is still shut in, diesel is at a record, and forecasts now range from $74 to $100.
placeholder
US August CPI lands tonight: after a 5.4% PPI shock, will the Fed hike on September 16?US August PPI came in at 5.4% year-on-year, above the 5.3% consensus, with core PPI at 4.6%. Traders have pushed the odds of a 25bp Fed hike on September 15-16 to around 70%. Tonight's CPI is the last major inflation print before the decision — here is the full calendar, the consensus numbers, and what a hot versus cool reading would mean for the dollar, yields, gold and stocks.
Author  Irene Q.
4 hours ago
US August PPI came in at 5.4% year-on-year, above the 5.3% consensus, with core PPI at 4.6%. Traders have pushed the odds of a 25bp Fed hike on September 15-16 to around 70%. Tonight's CPI is the last major inflation print before the decision — here is the full calendar, the consensus numbers, and what a hot versus cool reading would mean for the dollar, yields, gold and stocks.
goTop
quote