Turkey’s main stock index closes Wednesday’s session 1.14 percent higher

(MENAFN) On Wednesday, Türkiye’s principal Stock market gauge, the BIST 100, continued its upward trajectory with a notable 1.14 percent increase, culminating in a closing figure of 10,165.52 points. This upward movement marked the index’s extension of gains for the second consecutive session, reflecting robust investor confidence and market resilience.

The day’s trading session saw the BIST 100 add 114.15 points from its previous day’s close at 10,051.37 points, underscoring the market’s positive sentiment and steady growth pattern.

Meanwhile, in the commodities market, the price of gold stood firm at USD2,341.80 per ounce, while Brent crude oil maintained a stable price of approximately USD8.10 per barrel as of 6:12 p.m. local time (1512GMT).

Turning to foreign exchange rates, the US dollar was quoted at 32.3145 Turkish liras, the euro at 35.0565 Turkish liras, and the British pound at 41.5017 Turkish liras. These currency valuations reflect ongoing dynamics in global financial markets and their impact on Türkiye’s economic landscape.

The positive performance of the BIST 100 underscores Türkiye’s economic resilience and the confidence of both domestic and international investors in its financial markets. As Türkiye navigates through current economic challenges, the steady rise in the stock index serves as a barometer of stability and growth potential in the region.

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