Economy

Turkish stocks flat at close

Borsa Istanbul's BIST 100 index rises 0.07 pct at close; Turkish lira gains ground against US dollar, euro

30.03.2018 - Update : 30.03.2018
Turkish stocks flat at close

Ankara

By Tuba Sahin

ANKARA

Turkey's benchmark stock index ended Friday up 0.07 percent to close the week at 114,930.22 points with a 4.5-billion Turkish lira ($1.14 billion) trade volume.

Borsa Istanbul's BIST 100 index increased 85.66 points from Thursday's close of 114,844.56 points.

The BIST banking and holding indices rose 0.03 percent and 0.37, respectively.

Among all sectors, the mining sector index was the top gainer, rising by 2.63 percent, and the BIST transportation index decreased the most, falling by 1.83 percent.

The shares of energy and mining company Park Elektrik showed the best performance on Friday -- up 4.55 percent -- while stocks of prominent hospital group MLP Saglik suffered the largest decline of the day with a 7.05-percent drop.

The BIST 100's most-traded listed companies were national flag carrier Turkish Airlines, private lenders Garanti and Yapikredi, gold miner Koza Altin, followed by the conglomerate Dogan Holding.

The U.S. dollar/Turkish lira exchange rate dropped to 3.9580 as of 5 p.m. local time (1400GMT) on Friday, versus the previous close of 3.9680.

The EUR/TRY rate also showed slipped by market close, reaching 4.8790. One euro traded for 4.8950 liras at Thursday's close.

The BIST Gold Exchange index rose by 0.23 percent while one kilogram of gold traded for 178,900 Turkish liras ($42,77) as of market close.


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