These Investments Received Income!

While foreign currency helped earn investors in the first week of May, the stock market and gold lost – shares traded on the stock exchange closed in Istanbul at 0.77 percent. The selling price of 24 carat bullion in the first week of May lost 2.70 percent, while the dollar grew by 0.11 percent, and the euro by 0.93 percent.

At the first May week, foreign currency investors won, and the stock market and gold lost. Index 100 (BIST 100) in Istanbul closed at the level of 93,928.39 points with a loss of 0.77 points.

During the same period, the financial index of BIST fell by 0.82 percent to 124,021.85, Industrial Index decreased by 0.05 percent to 99.804.67, and the service index decreased by 2.01 percent to 58.088.86 points.

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During this period, the Technology Index rose by 5.17 percent to 96,928.78 points, and the banking system index fell by 1.49 percent to 160,616.20 pounds.

The stock market in Istanbul in the first week of May was remembered by the most rising prices for shares of the investment holding Kervansaray (92%). Kiler Real Estate Investment Trust increased by 34.42 percent, followed by Burchelik Vana, an increase of 27.5 percent.

Ray Sigorta became the company with the largest decline in the price of shares with a share of 22.39 percent. Mega Polietelen with a decrease of 18.98 percent and Dogan Burda Dergi Yayinchylyk with a decrease of 13.67 percent.

The most valuable companies of the Istanbul Stock Exchange were 42 billion 273 million 419 thousand 660 liras with Koch Holding, 39 billion 690 million liras with Garanti Bank and 37 billion 200 million liras with Akbank.

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    yasemin Written by:

    Yasemin Kılıç yaseminkilic@istanbulinvestments.com

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