Borsa Istanbul (BIST) opened the week with losses. The BIST 100 index closed the day down 1.28%, ending at 10,225.48 points, led by sharp declines in the banking sector, which saw a 3.52% loss. Concerns over renewed trade wars sparked by U.S. tariff threats weighed heavily on global markets, and the Istanbul market followed suit with a sell-off dominated by banking stocks.
• BIST 100 fell by 132.98 points compared to the previous close, with a total trading volume of 88.8 billion TL.
• The banking index dropped 3.52%, while the holding index lost 0.94%.
Banking: Worst Performing Sector
Among sector indices, banking recorded the biggest loss, while the best performing sector was securities investment trusts, up 1.88%.
BIST 30 Also Declines
The BIST 30 index, comprising the largest and most liquid companies, dropped by 151.74 points or 1.31%, closing at 11,413.80 points.
• The technology index rose 0.84%,
• The financials index declined 1.78%,
• The industrial index fell 0.57%,
• The services index slipped 0.04%.
Majority of BIST 100 Stocks Declined
Out of the 100 companies in the BIST 100 index:
• 73 stocks declined
• 26 advanced
• 1 remained flat
The most actively traded stocks were:
• Turkish Airlines (THY)
• Akbank
• Yapı Kredi Bankası
• Türkiye İş Bankası (C)
• ASELSAN
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Gold and Currency Updates
• Gold (ounce) in international markets was priced at $3,347 as of 18:40.
• In the Borsa Istanbul Gold Market, standard gold per kilogram rose 0.6% to 4,335,000 TL.
Exchange Rates (Central Bank of Turkey – TCMB)
• USD/TRY (buying): 40.0602
• USD/TRY (selling): 40.2208
(Previous: 39.9795 / 40.1397)
International Currency Pairs (as of 18:40)
• EUR/USD: 1.6990
• GBP/USD: 1.3460
• USD/JPY: 147.46
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Crude Oil
• The price of Brent crude oil per barrel dropped 1.4%, trading at $69.
Source:Patronlar Dünyası/ Prepared by:İlayda Gök