Turkey stocks higher at close of trade; BIST 100 up 0.26%

Investing.com – Turkey stocks were higher after the close on Friday, as gains in the Leasing & Factoring , Tourism and Sports sectors led shares higher.

At the close in Istanbul, the BIST 100 rose 0.26% to hit a new 3-months high.

The best performers of the session on the BIST 100 were Margun Enerji Uretim Sanayi ve Ticaret AS (IS: MAGEN ), which rose 5.69% or 2.04 points to trade at 37.88 at the close. Meanwhile, Balsu Gida Sanayi ve Ticaret AS (IS: BALSU ) added 5.16% or 1.02 points to end at 20.78 and Gen Ilac ve Saglik Urunleri Sanayi ve Ticaret AS (IS: GENIL ) was up 5.00% or 8.00 points to 168.00 in late trade.

The worst performers of the session were Reeder Teknoloji Sanayi Ve Ticaret AS (IS: REEDR ), which fell 5.57% or 0.53 points to trade at 8.98 at the close. Tureks Turizm Tasimacilik AS (IS: TUREX ) declined 4.36% or 0.49 points to end at 10.76 and Sekerbank TAS (IS: SKBNK ) was down 2.79% or 0.20 points to 6.98.

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 296 to 271 and 27 ended unchanged.

Shares in Margun Enerji Uretim Sanayi ve Ticaret AS (IS: MAGEN ) rose to all time highs; up 5.69% or 2.04 to 37.88.

Gold Futures for August delivery was up 1.56% or 51.82 to $3,377.52 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 2.72% or 1.81 to hit $68.38 a barrel, while the September Brent oil contract rose 2.51% or 1.72 to trade at $70.36 a barrel.

USD/TRY was up 0.33% to 40.17, while EUR/TRY rose 0.12% to 47.10.

The US Dollar Index Futures was up 0.14% at 97.46.

OK