Turkey’s stock market ends week with gains… Dollar TL rate drops

In week commencing 24 September 2018, shares in Istanbul Stock Market (BIST) gained 2.01 percent on average on a weekly basis, with gold plunging 4.93 percent. The euro fell 5.65 percent and the dollar lost 4.28 percent value.

BIST 100 index saw the highest as 100.637.70 and the lowest as 97.781.97 points in the week. It closed the week with 2.01 percent increase compared to 99.956,90 points the previous week.

The sale price of 24k gold bullion traded in the Covered Bazaar this week decreased 4.93 percent to 229.70 TL, the selling price of the Republic gold fell by 4.90 percent to 1,533,00 TL. The sale price for quarter gold which was 394.00 TL also fell to 375,00 pounds.

The US dollar fell by 4.28 percent to 6.0230 liras, the euro fell by 5.65 percent to 6. 950 liras.