Weekly market data announced: Stock market declines while gold gains

Last week, the stock market lost value while gold prices increased. The BIST 100 index closed the week with a slight decrease, while the gram price of bullion gold showed an increase.

Weekly Trend of Borsa Istanbul

On Borsa Istanbul, the BIST 100 index closed the week down 0.03 percent at 12,265.98 points. During the week, the index saw a low of 12,038.79 points and a high of 12,528.60 points.

Status of Sector Indices

The technology index fell 3.45 percent to 37,934.21 points, the services index dropped 1.27 percent to 10,795.61 points, and the financial index decreased 1.15 percent to 14,465.33 points. Meanwhile, the industrial index rose 0.23 percent to 16,011.48 points.

Top Gainers and Losers Among Stocks

Among the stocks included in the BIST 100 index this week, the top gainer was Pasifik Holding with 11.96 percent. It was followed by İskenderun Demir ve Çelik with 8.12 percent and CVK Maden with 8.09 percent.

Among the stocks, the one that lost the most value was Bera Holding with 9.75 percent, followed by Borusan Yatırım with a 7.84 percent decline and Astor Enerji with a 7.09 percent drop.

Companies with the Highest Market Value

Among the companies whose shares are traded on Borsa Istanbul, the company with the highest market value was ASELSAN with approximately 1 trillion 601 billion 700 million liras.

ASELSAN was followed by Tüpraş with approximately 744 billion 225 million liras and Garanti BBVA with 543 billion 60 million liras.

Changes in Gold and Foreign Exchange Prices

The gram price of 24-karat bullion gold increased by 0.48 percent compared to the end of last week to 6,645 liras, and the selling price of Republic gold rose by 0.14 percent to 43,310 liras.

While the selling price of quarter gold increased by 0.21 percent to 10,883 liras, foreign exchange rates also experienced movement at varying rates.