Turkey stocks lower at close of trade; BIST 100 down 1.89%

Investing.com – Turkey stocks were lower after the close on Wednesday, as losses in the Information Technology, Metal Products&Machinery and Transport sectors led shares lower.

At the close in Istanbul, the BIST 100 declined 1.89% to hit a new 52-week low.

The best performers of the session on the BIST 100 were Teknosa Ic ve Dis Ticaret AS (IS:TKNSA), which rose 3.77% or 0.130 points to trade at 3.580 at the close. Meanwhile, Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D (IS:KRDMD) added 2.99% or 0.120 points to end at 4.130 and TAV Havalimanlari Holding (IS:TAVHL) was up 1.90% or 0.42 points to 22.50 in late trade.

The worst performers of the session were Metro Ticari ve Mali Yatirimlar Holding AS (IS:METRO), which fell 9.32% or 0.110 points to trade at 1.070 at the close. Koza Altin Isletmeleri AS (IS:KOZAL) declined 9.12% or 4.06 points to end at 40.48 and Koza Anadolu Metal Madencilik Isletmeleri AS (IS:KOZAA) was down 7.91% or 0.580 points to 6.750.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 272 to 94 and 42 ended unchanged.

Gold Futures for August delivery was up 0.17% or 2.20 to $1301.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 0.33% or 0.22 to hit $66.58 a barrel, while the August Brent oil contract rose 0.66% or 0.50 to trade at $76.38 a barrel.

USD/TRY was up 0.69% to 4.6280, while EUR/TRY rose 1.17% to 5.4634.

The US Dollar Index Futures was down 0.26% at 93.59.