While the BIST 100 index increased by 172.39 points compared to the previous close, the total transaction volume stood at TL 116.7 billion. The banking index gained 2.39 percent and the holding index gained 4.35 percent. Among the sector indices, the holding that made the most profit was sports with 0.18 percent, which lost the most. Analysts stated that a fluctuating course was observed in global stock markets before the macroeconomic data calendar to intensify later in the week. Investors seem to be cautious about pricing the steps to be taken by the US Federal Reserve (Fed) next week.
Interest rate expectations continue
Analysts said that it is predicted that the bank will keep the policy rate constant with a 65.5 percent probability in the pricing in the money markets, and that the expectations for the final interest rate to be determined at the level of 5.25-5.50 percent remain strong. Analysts stated that tomorrow the data agenda will be calm in the domestic market, while growth in Japan and the Euro Area will be followed, as well as weekly unemployment applications in the USA. noted that.
Most traded stocks
BIST 30 index closed at 6,214.88 points with an increase of 217.04 points and 3.62 percent compared to the previous close. 85 of the stocks included in the BIST 100 index made a premium, 15 of them decreased. Turkish Airlines, Yapı Kredi, Akbank, Emlak Konut Real Estate Investment Trust and Şişecam were the most traded stocks.
Gold is $1,957 an ounce
An ounce of gold is trading at $1,957 as of 18:20 in international markets. The kilogram price of standard gold in the Borsa Istanbul Gold Market closed the day at 1 million 475 thousand liras, with a gain of 9.7 percent compared to the previous closing. The Central Bank of the Republic of Turkey (CBRT) announced the current effective exchange rate of the dollar as 23.0049 liras for buying and 23.0971 liras for sales. The CBRT had determined the previous effective rate as 21.4415 liras for buying and 21.5274 liras for sales.
international markets
In international markets, as of 18.20, the euro/dollar parity is 1.0700, the sterling/dollar parity is 1.2460, and the dollar/yen parity is 139.8. The barrel price of London Brent crude oil is trading at $77.2 with an increase of 1.7 percent.
A professional writer by day, a tech-nerd by night, with a love for all things money.