Turkey stocks lower at close of trade; BIST 100 down 0.52%

Investing.com – Turkey stocks were lower after the close on Tuesday, as losses in the Food & Beverages, Information Technology and Telecoms sectors led shares lower.

At the close in Istanbul, the BIST 100 declined 0.52% to hit a new 6-months low.

The best performers of the session on the BIST 100 were Gubre Fabrikalari TAS (IS:GUBRF), which rose 4.11% or 8.40 points to trade at 212.70 at the close. Meanwhile, Tofas Turk Otomobil Fabrikasi AS (IS:TOASO) added 3.73% or 6.70 points to end at 186.50 and Aselsan Elektronik Sanayi ve Ticaret AS (IS:ASELS) was up 2.60% or 1.65 points to 65.15 in late trade.

The worst performers of the session were Reeder Teknoloji Sanayi Ve Ticaret AS (IS:REEDR), which fell 9.96% or 2.18 points to trade at 19.70 at the close. Coca-Cola Icecek AS (IS:CCOLA) declined 7.05% or 3.42 points to end at 45.12 and Agrotech Yuksek Teknoloji ve Yatirim AS (IS:AGROT) was down 6.03% or 0.82 points to 12.77.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 295 to 257 and 27 ended unchanged.

Shares in Reeder Teknoloji Sanayi Ve Ticaret AS (IS:REEDR) fell to 52-week lows; down 9.96% or 2.18 to 19.70.

Gold Futures for December delivery was down 0.04% or 1.10 to $2,745.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.32% or 0.94 to hit $72.41 a barrel, while the January Brent oil contract rose 1.20% or 0.90 to trade at $75.98 a barrel.

USD/TRY was up 0.02% to 34.34, while EUR/TRY rose 0.28% to 37.50.

The US Dollar Index Futures was down 0.27% at 103.51.