Borsa Istanbul and Gold Finished the Week with Losses, Exchange Rates Rose

While stocks and gold lost value in the weekly performance of investment instruments, an increase was observed in exchange rates. Borsa İstanbul's BIST 100 index closed the week with a 5.16 percent decrease at 11,116.99 points, while the gram price of 24-karat bullion gold fell by 4.18 percent to 6,370 liras.

On Borsa Istanbul, the technology index lost 2.16 percent, the industrial index 8.47 percent, the financial index 6.64 percent, and the services index 5.53 percent. Among the stocks included in the BIST 100 index, Aksa Akrilik provided the highest return with 3.31 percent, while 1000 Yatırımlar Holding was the stock that lost the most value with 22.22 percent. Borsa Istanbul's most valuable companies were ranked as ASELSAN, Tüpraş, and Garanti BBVA.

In the gold market, Republic gold dropped by 3.34 percent to 41,880 liras, and quarter gold decreased by 3.37 percent to 10,520 liras. On the foreign exchange side, the US dollar increased by 0.36 percent to 49.7060 liras, the euro rose by 0.03 percent to 55.7790 liras, the British pound increased by 0.69 percent to 66.5890 liras, and the Swiss franc gained 0.34 percent to reach 60.3750 liras.