Turkish Stock Exchange Flat Friday

The Turkish benchmark stock index, BIST 100, ended Friday with a slight increase, closing at 9,652 points, up by 0.12% from the previous trading session. The index gained 11.92 points compared to Thursday’s close, reflecting a modest positive shift in market sentiment.

Throughout the day, the index saw fluctuations, reaching a low of 9,575.85 points and a high of 9,734.16 points. Despite these daily variations, the overall trend remained positive, with the market closing just slightly higher.

The total transaction volume for the day amounted to 113 billion Turkish liras, approximately $3.25 billion, indicating significant trading activity in the market.

In the currency markets, the Turkish lira experienced slight fluctuations. The USD/TRY exchange rate stood at 34.6970 as of 7 p.m. local time (1600GMT). The euro traded at 36.6470 against the lira, while the British pound was priced at 44.1110.

Commodity prices also played a role in market dynamics. The price of gold reached $2,658.30 per ounce, reflecting steady demand in global markets. Meanwhile, Brent crude oil prices hovered around $73 per barrel, a relatively stable level compared to recent trends.

Overall, Friday’s trading session saw modest gains for the Turkish stock market, with steady performance across various sectors and a generally stable outlook for the currency and commodities markets.
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