Turkey shares lower at close of trade; BIST 100 down 1.67%

Investing.com – Turkey equities were lower at the close on Friday, as losses in the Banking, Telecoms and Basic Metals sectors propelled shares lower.

At the close in Istanbul, the BIST 100 declined 1.67%.

The biggest gainers of the session on the BIST 100 were Katilimevim Tasarruf Finansman AS (IS:KTLEV), which rose 6.33% or 2.96 points to trade at 49.74 at the close. Astor Enerji AS (IS:ASTOR) added 4.25% or 3.35 points to end at 82.15 and Kayseri Seker Fabrikasi AS (IS:KAYSE) was up 3.49% or 0.82 points to 24.30 in late trade.

Biggest losers included Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS (IS:BRSAN), which lost 7.24% or 35.50 points to trade at 454.50 in late trade. Hektas Ticaret TAS (IS:HEKTS) declined 4.33% or 0.53 points to end at 11.71 and Teknosa Ic ve Dis Ticaret AS (IS:TKNSA) shed 4.05% or 1.14 points to 27.00.

Declining stocks outnumbered rising ones by 399 to 163 and 15 ended unchanged on the Istanbul Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.00% or 0.05 to $2,543.15 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.75% or 1.21 to hit $67.94 a barrel, while the November Brent oil contract fell 1.75% or 1.27 to trade at $71.42 a barrel.

USD/TRY was up 0.31% to 34.02, while EUR/TRY rose 0.07% to 37.75.

The US Dollar Index Futures was unchanged 0.00% at 101.07.