Which Investment Gained Most Value This Week

In international market there was many events that affected the market; the pricing of European Central Bank (ECB) Monetary Policy Committee meeting results, Turkey’s national inflation rates, industry production data, Turkish Republic Central Bank’s (TCMB) presentation of Money and Exchange Rate Policy and the decisions of Economy Coordination Committee.

Positivity was observed after the results of the Italian referendum (No) and investors declaring they find the international stock market sales prices too high.

Even though ECB did not make any changes in interest rates, bond tapering caused high volatility in exchange rates.

The closing points of the stock values are as follows;

  • Dollar Index: 101,65
  • Euro/Dollar Parity: 1,05
  • Istanbul Stock Market (BIST) 100 Index: 75.390,94
  • BIST Financial Index: 100.415,99
  • BIST Industry Index: 81.543,23
  • BIST Services Index: 47.584,93
  • BIST Technology Index: 61.562,61
  • BIST Banking Index: 126.199,08

In the grand bazaar, the sales price for 24-carat bar gold closed with 130,40 TRY and cumhuriyet gold’s sales price was 873 TRY.

Vanet Food-The Most Profited Stock

Vanet Food was the most profited stock at Istanbul Stock Market with a 101,09 percent value gained. Banvit was the second with 38,43 percent increase and Vakko Textile was the third with 38,04 increase.

Regression in Euro and Dollar

In free market Euro and Dollar closed the week with loss. Dollar’s sales price was 3,4750 with 1,92 percent decrease and Euro’s sales price was 3,4150 with 2,47 percent decrease.

Also, this week individual retirement funds gained value by 0,53 percent and investment funds gained value by 0,24 percent.

Recent Posts

Recent Comments

    yasemin Written by:

    Yasemin Kılıç yaseminkilic@istanbulinvestments.com

    Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *