Istanbul markets end week with losses; Borsa Istanbul, gold down, currencies flat

Investors experienced a week of losses as key markets declined. Borsa Istanbul's BIST 100 index finished the week down 2.38%, closing at 13,981.05 points after fluctuating throughout the period. The index saw a low of 13,941.98 and a high of 14,265.51.

Sector performance varied significantly. The industrial index rose 2.28% to 18,761.95 points, and the services index increased by 1.38% to 12,820.06 points. However, the financial index dropped 4.97% to 19,512.42 points, and the technology index fell 2.37% to 46,944.88 points, exerting downward pressure on the main index.

In individual stock performance, Balsu Gıda led gains with a 30.99% increase, followed by Efor Yatırım Sanayi Ticaret AŞ (23.60%) and Margün Enerji Üretim Sanayi ve Ticaret AŞ (19.20%). The biggest losers were Destek Finans Faktoring AŞ (-34.31%), Astor Enerji (-12.05%), and Türk Altın İşletmeleri (-7.37%). ASELSAN remained the most valuable company with a market capitalization of 1.602 trillion lira, followed by Tüpraş and Enka İnşaat ve Sanayi AŞ.

Gold prices also saw a decline. The gram price of 24-carat gold fell 2.45% to 6,053 lira. Cumhuriyet gold decreased by 1.90% to 39,819 lira, and quarter gold dropped 1.84% to 9,993 lira. Currency markets showed little movement, with the US dollar trading at 46.9870 lira and the euro at 53.6950 lira. The British pound saw a slight increase to 63.0360 lira, and the Swiss franc rose to 58.1980 lira.