Turkey stocks lower at close of trade; BIST 100 down 1.99%

Investing.com – Turkey stocks were lower after the close on Monday, as losses in the , and sectors led shares lower.

At the close in Istanbul, the declined 1.99% to hit a new 6-months low.

The best performers of the session on the were Papilon Savunma Guvenlik Sistemleri (IS:), which rose 5.75% or 4.10 points to trade at 75.45 at the close. Meanwhile, Tekfen Holding AS (IS:) added 2.95% or 1.85 points to end at 64.60 and Turk Traktor ve Ziraat Makineleri AS (IS:) was up 2.19% or 15.00 points to 700.00 in late trade.

The worst performers of the session were Gubre Fabrikalari TAS (IS:), which fell 6.50% or 12.00 points to trade at 172.50 at the close. Adel Kalemcilik Ticaret ve Sanayi AS (IS:) declined 5.92% or 2.18 points to end at 34.66 and Hektas Ticaret TAS (IS:) was down 5.41% or 0.21 points to 3.67.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 495 to 71 and 11 ended unchanged.

Shares in Tekfen Holding AS (IS:) rose to all time highs; gaining 2.95% or 1.85 to 64.60. Shares in Hektas Ticaret TAS (IS:) fell to 52-week lows; down 5.41% or 0.21 to 3.67.

Gold Futures for December delivery was down 0.44% or 11.70 to $2,664.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.47% or 1.87 to hit $73.69 a barrel, while the December Brent oil contract fell 2.34% or 1.85 to trade at $77.19 a barrel.

USD/TRY was up 0.07% to 34.27, while EUR/TRY fell 0.23% to 37.40.

The US Dollar Index Futures was up 0.28% at 102.97.