The week's winner in the markets has been determined
While stocks on Borsa Istanbul lost value this week, gold and foreign exchange rates showed an upward trend.
On Borsa Istanbul, the BIST 100 index closed the week at 10,565.74 points, marking a 3.28 percent decline. The index fluctuated between 10,373.75 and 11,044.47 points throughout the week.
In the gold market, the rise was notable. The gram price of 24-karat bullion gold in the Grand Bazaar increased by 1.69 percent, reaching 5,519 Turkish Lira. Prices for Republic gold and quarter gold also showed similar rates of increase.
There was also activity in foreign exchange rates. The US dollar rose by 0.28 percent to 42.3320 Turkish Lira, while the euro increased by 0.80 percent to 49.3040 Turkish Lira.
Investment funds generally lost 1.33 percent in value, while pension funds declined by 0.82 percent. However, precious metal funds gained for their investors with an increase of 6.11 percent.
News Source: 12punto
Most Read
Historic words from Özgür Özel at the CHP group meeting
Air Force Academy student Veli Bilgin has died
Tuncer Bakırhan calls for a framework law
How did the newspapers view Özgür Özel's farewell to the CHP?
Here are the names that will be in Özgür Özel's new party!
He killed his wife by slitting her throat: Their children witnessed the moments
Major crisis in CHP
AKP mayor held responsible
Kılıçdaroğlu's 'controlled' shopkeeper visit
Güler leaves questions regarding Özgür Özel unanswered