Turkish stock market closes lower; as of the close, the Turkey Istanbul 100 Index declined by 0.88%

Investing.com – Turkey’s stock market declined on Friday, with sectors including retail and wholesale traders, non-metallic minerals, and technology leading the indexes lower.

At the close in Istanbul, the Turkey Istanbul 100 index fell 0.88%.

The top-performing stock in the Istanbul 100 index was Kuyas Yatirim AS (IS:KUYAS), up 4.53% (3.30 points), closing at 76.20. Meanwhile, Cvk Maden Isletmeleri Sanayi ve Ticaret AS (IS:CVKMD) rose 4.10% (1.32 points) to close at 33.52; Gulermak Agir Sanayi Insaat ve Taahhut AS (IS:GLRMK) gained 3.57% (6.50 points), with a late-session close of 188.50.

The weakest stock on the board was Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR), down 9.94% (0.81 points), closing at 7.34. Kiler Holding AS (IS:KLRHO) fell 8.68% (11.20 points) to close at 117.80; Kontrolmatik Teknoloji Enerji ve Mu (IS:KONTR) closed down 3.96% (0.32 points), quoted at 7.77.

328 individual stocks fell on the Istanbul Stock Exchange, exceeding the number of advancing stocks by volume—270—while 21 stocks were unchanged, basically flat.

Efor Yatırım Sanayi ve Ticaret A.Ş. (IS:EFOR) shares plunged to a one-year low, down 9.94% (0.81 points), closing at 7.34. Kontrolmatik Teknoloji Enerji ve Mu (IS:KONTR) shares plunged to a three-year low, down 3.96% (0.32 points), closing at 7.77.

The June gold futures options contract price fell 0.48% (22.75 points) to reach 4,679.70 dollars. For the remaining futures, the May-delivery WTI crude oil futures contract price fell 0.40% (0.45 points) to 111.54 dollars, while the June London Brent crude oil futures contract rose 7.99% (8.08), trading at 109.24 dollars.

USD/TRY rose 0.31%, with the exchange rate at 44.59; meanwhile EUR/TRY fell 0.12%, quoted at 51.49.

US dollar index futures rose 0.52%, to 99.98.