Turkey shares higher at close of trade; BIST 100 up 2.77%

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Turkey shares higher at close of trade; BIST 100 up 2.77%

Investing.com – Turkey equities were higher at the close on Tuesday, as gains in the Banking , Basic Metals and Telecoms sectors propelled shares higher.

At the close in Istanbul, the BIST 100 added 2.77% to hit a new 6-month high.

The biggest gainers of the session on the BIST 100 were ENKA Insaat ve Sanayi AS (IS: ENKAI ), which rose 10.19% or 0.490 points to trade at 5.300 at the close. Turkiye Is Bankasi AS Class C (IS: ISCTR ) added 9.14% or 0.490 points to end at 5.850 and Turk Telekomunikasyon AS (IS: TTKOM ) was up 7.21% or 0.32 points to 4.76 in late trade.

Biggest losers included ICBC Turkey Bank AS (IS: ICBCT ), which lost 19.97% or 1.300 points to trade at 5.210 in late trade. Akenerji Elektrik Uretim AS (IS: AKENR ) declined 3.03% or 0.020 points to end at 0.640 and Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS (IS: KORDS ) shed 2.33% or 0.21 points to 8.81.

Advancing stocks outnumbered falling ones by 263 to 106 and 37 ended unchanged on the Istanbul Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.44% or 5.75 to $1308.85 a troy ounce. Meanwhile, Crude oil for delivery in March rose 2.33% or 1.21 to hit $53.20 a barrel, while the April Brent oil contract rose 1.96% or 1.17 to trade at $60.98 a barrel.

USD/TRY was down 0.29% to 5.3113, while EUR/TRY fell 0.34% to 6.0655.

The US Dollar Index Futures was up 0.08% at 95.505.

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