Turkey shares lower at close of trade; BIST 100 down 2.49%

Investing.com – Turkey equities were lower at the close on Monday, as losses in the Banking, Food&Beverages and Information Technology sectors propelled shares lower.

At the close in Istanbul, the BIST 100 lost 2.49%.

The biggest gainers of the session on the BIST 100 were Ege Endustri ve Ticaret AS (IS:EGEEN), which rose 3.04% or 332.50 points to trade at 11,270.00 at the close. Katilimevim Tasarruf Finansman AS (IS:KTLEV) added 1.87% or 1.10 points to end at 60.05 and Adel Kalemcilik Ticaret ve Sanayi AS (IS:ADEL) was up 1.55% or 0.66 points to 43.28 in late trade.

Biggest losers included Reeder Teknoloji Sanayi Ve Ticaret AS (IS:REEDR), which lost 9.96% or 2.42 points to trade at 21.88 in late trade. Agrotech Yuksek Teknoloji ve Yatirim AS (IS:AGROT) declined 9.94% or 1.50 points to end at 13.59 and Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS (IS:BJKAS) shed 6.15% or 0.30 points to 4.58.

Declining stocks outnumbered rising ones by 483 to 82 and 13 ended unchanged on the Istanbul Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.08% or 2.10 to $2,747.10 a troy ounce. Meanwhile, Crude oil for delivery in December rose 2.07% or 1.44 to hit $70.93 a barrel, while the January Brent oil contract rose 1.96% or 1.43 to trade at $74.53 a barrel.

USD/TRY was up 0.14% to 34.35, while EUR/TRY rose 0.37% to 37.49.

The US Dollar Index Futures was down 0.61% at 103.57.