The Stock Market Closed the Day Lower.
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The Istanbul Stock Exchange (BIST) declined on Thursday following days of record highs, driven by profit-taking. The BIST 100 index, which started the last trading day of the week cautiously, held above the 14,400 point level at the opening.
The BIST 100 index on the Istanbul Stock Exchange opened the day up 0.05% at 14,400.98 points. Banking and holding companies saw gains, while the sports sector was the biggest gainer and the information technology sector the biggest loser. Market attention is now focused on US inflation figures.
The BIST 100 index on the Istanbul Stock Exchange closed the day down 0.77% at 14,393.85 points. The index fell 111.63 points compared to the previous close.
Economy - On the Istanbul Stock Exchange, the BIST 100 index fell by 0.48 percent in the first half of the day, dropping to 14,436.10 points.
The BIST 100 index on the Istanbul Stock Exchange fell by 0.48 percent in the first half of the day, dropping to 14,436.10 points. The Istanbul Stock Exchange is awaiting the interest rate decision to be announced by the Central Bank of Turkey (TCMB) at 14:00 to decide on its future direction.
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