Stocks were the top performers
In the second week of 2024, stocks became the investment vehicle that provided the highest returns to investors with a gain of 6.91 percent.
During the week of January 8-12, stock investors saw a value gain of 4.69 percent, while TL money market mutual funds provided a return of 0.73 percent, gram gold 1.04 percent, the US dollar 0.86 percent, the euro 0.85 percent, and Republic gold 0.19 percent. Bitcoin, on the other hand, caused a loss of 2.42 percent for its investors.
Looking at the year-to-date performance, stocks have been the best-performing investment vehicle with a return of 6.91 percent. While money market funds provided a return of 1.49 percent, the US dollar 1.78 percent, the euro 1.14 percent, and Bitcoin 1.374 percent, gold saw a loss of 0.765 percent.
When looking at sector indices on Borsa Istanbul, the top performer of the week was bank stocks with 14.21 percent. Bank stocks were followed by sports stocks with 7.85 percent and trade stocks with 6.77 percent.
News Source: 12punto
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