Turkey stocks lower at close of trade; BIST 100 down 0.98%

Stock market

Turkey stocks were lower after the close on Tuesday, as losses in the Transport, Basic Metals and Information Technology sectors led shares lower.

At the close in Istanbul, the BIST 100 fell 0.98%.

The best performers of the session on the BIST 100 were Koza Altin (IS:KOZAL), which rose 5.12% or 0.49 points to trade at 10.06 at the close. Meanwhile, Ayen Enerji (IS:AYEN) added 3.66% or 0.120 points to end at 3.400 and Borusan Mannesmann (IS:BRSAN) was up 3.25% or 0.28 points to 8.90 in late trade.

The worst performers of the session were Tumosan Motor Ve Traktor (IS:TMSN), which fell 5.58% or 0.450 points to trade at 7.620 at the close. Trakya Cam (IS:TRKCM) declined 5.26% or 0.140 points to end at 2.520 and Alcatel Lucent Teletas (IS:ALCTL) was down 5.05% or 0.310 points to 5.830.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 266 to 80 and 55 ended unchanged.

Shares in Borusan Mannesmann (IS:BRSAN) rose to 3-years highs; up 3.25% or 0.28 to 8.90.

Gold for December delivery was up 0.31% or 4.20 to $1351.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.53% or 0.70 to hit $46.44 a barrel, while the October Brent oil contract rose 1.45% or 0.70 to trade at $49.05 a barrel.

USD/TRY was down 0.53% to 2.9247, while EUR/TRY rose 0.29% to 3.2988.

The US Dollar Index was down 0.84% at 94.78.

Source by Investing.com