Weekly Market Report: Stocks Fall While Gold and Foreign Exchange Rise
In the weekly performance of investment vehicles, the stock market declined slightly, while gold prices and some foreign exchange rates recorded increases.
On Borsa Istanbul, the BIST 100 index closed the week down 0.03% at 12,265.98 points, while the gram price of bullion gold rose 0.48% to 6,645 liras.
Course of the BIST 100 Index
The BIST 100 index on Borsa Istanbul completed the week with a 0.03% decrease 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.
Changes in Gold Prices
The gram price of 24-karat bullion gold increased by 0.48% compared to the end of last week, reaching 6,645 liras. The selling price of Republic gold rose by 0.14% to 43,310 liras, while the selling price of quarter gold increased by 0.21% to reach 10,883 liras.
Status of Foreign Exchange Rates
While the selling price of the US dollar increased by 0.63% to 49.3430 liras, the selling price of the euro decreased by 0.39% down to 55.2490 liras. The selling price of the British pound rose by 0.45% to 65.2900 liras, and the Swiss franc found buyers at 59.3720 liras with a 0.82% gain in value.