A Week of Losses in the Stock Market and Gold: BIST 100 Falls by 2.90 Percent.
4 Articles
4 Articles
The weekly figures for the Istanbul Stock Exchange, gold, and foreign exchange markets have become clearer. While stocks lost an average of 2.90%, gold and Euro investors were disappointed. The only currency to gain this week was the dollar, with a 0.38% increase.
As the performance chart for the BIST 100 Index of the Istanbul Stock Exchange (BIST) becomes clearer for the past week, the declines in all eight of the biggest losers exceeded 40%. Speculative movements and sudden, sharp drops were noteworthy.
This week, both the stock market and gold lost value; the BIST 100 index closed the week down 2.90 percent at 12,899.35 points. The price of 24-karat gold bullion per gram fell by 1.61 percent to 6,716 Turkish Lira.
The weekly gains and losses figures awaited by gold, dollar, euro, stock market, and fund investors have been released. While gold investors waited in uncertainty, only the dollar closed the week without a loss.
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