Turkey stocks higher at close of trade; BIST 100 up 2.52%

Investing.com – Turkey stocks were higher after the close on Wednesday, as gains in the Banking, Wholesale & Retail Trade and Financials sectors led shares higher.

At the close in Istanbul, the BIST 100 added 2.52%.

The best performers of the session on the BIST 100 were Yapi ve Kredi Bankasi AS (IS:YKBNK), which rose 8.37% or 2.38 points to trade at 30.80 at the close. Meanwhile, Akbank TAS (IS:AKBNK) added 7.97% or 4.80 points to end at 65.05 and Turkiye Garanti Bankasi (IS:GARAN) was up 5.38% or 6.80 points to 133.30 in late trade.

The worst performers of the session were Katilimevim Tasarruf Finansman AS (IS:KTLEV), which fell 4.95% or 2.75 points to trade at 52.75 at the close. Papilon Savunma Guvenlik Sistemleri (IS:PAPIL) declined 2.21% or 0.29 points to end at 12.82 and Oyak Cimento Fabrikalari AS (IS:OYAKC) was down 2.17% or 0.52 points to 23.40.

Rising stocks outnumbered declining ones on the Istanbul Stock Exchange by 437 to 123 and 22 ended unchanged.

Shares in Turkiye Garanti Bankasi (IS:GARAN) rose to all time highs; gaining 5.38% or 6.80 to 133.30.

Gold Futures for February delivery was unchanged 0.00% or 0.00 to $2,633.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.09% or 0.06 to hit $70.10 a barrel, while the March Brent oil contract rose 1.24% or 0.90 to trade at $73.22 a barrel.

USD/TRY was up 1.18% to 35.20, while EUR/TRY rose 1.33% to 36.65.

The US Dollar Index Futures was up 0.18% at 108.00.