Turkey stocks lower at close of trade; BIST 100 down 3.25%

Investing.com – Turkey stocks were lower after the close on Tuesday, as losses in the Insurance , Information Technology and Banking sectors led shares lower.

At the close in Istanbul, the BIST 100 lost 3.25% to hit a new 3-months low.

The best performers of the session on the BIST 100 were Alfa Solar Enerji AS (IS:ALFAS ), which rose 5.13% or 2.70 points to trade at 55.30 at the close. Meanwhile, Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS (IS:BJKAS ) added 4.55% or 0.26 points to end at 5.97 and ENKA Insaat ve Sanayi AS (IS:ENKAI ) was up 1.63% or 0.74 points to 46.04 in late trade.

The worst performers of the session were Karsan Otomotiv Sanayi ve Ticaret AS (IS:KARSN ), which fell 9.97% or 1.72 points to trade at 15.53 at the close. ODAS Elektrik Uretim Sanayi Ticaret AS (IS:ODAS ) declined 8.94% or 0.58 points to end at 5.91 and Reeder Teknoloji Sanayi Ve Ticaret AS (IS:REEDR ) was down 8.35% or 2.14 points to 23.48.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 507 to 65 and 4 ended unchanged.

Shares in ODAS Elektrik Uretim Sanayi Ticaret AS (IS:ODAS ) fell to 52-week lows; down 8.94% or 0.58 to 5.91.

Gold Futures for December delivery was up 1.00% or 26.60 to $2,686.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 4.46% or 3.04 to hit $71.21 a barrel, while the December Brent oil contract rose 4.10% or 2.94 to trade at $74.64 a barrel.

USD/TRY was up 0.17% to 34.22, while EUR/TRY fell 0.59% to 37.85.

The US Dollar Index Futures was up 0.52% at 101.04.

Source: Investing.com