Turkish Stocks Rise at Market Close; BIST 100 Gains 0.09%

On August 28, 2024, Turkish stocks saw a modest increase, with the BIST 100 index rising by 0.09%. Gains were mainly fueled by the Transport, Non-Metallic Mineral Products, and Technology sectors. KA Inat veayi emerged as a standout, climbing 3.90% to a record high of 49.08, while Coca-Cola Türkiye ve Orta Doğu AS and Anad Group Holding rose by 3.31% and 2.88%, respectively. However, declines were noted in Kuyi Viflarasi T, which fell 4.71%, and Turkiye Halk Bankasi, down 2%. Overall, the exchange saw more decliners (286) than advancers (266). In commodity markets, gold and crude oil prices slipped, while the USD/TRY rate remained unchanged.

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