Borsa Istanbul Closes Week with Losses: Technology Index Diverges Positively

The BIST 100 index fell 1.74% this week to 13,934.06 points, while the technology sector remained a bright spot with gains. In the foreign exchange market, the US dollar saw a slight increase to 43.77 TL.

Borsa Istanbul Closes Week with Losses: Technology Index Diverges Positively

Weekly Outlook for Borsa Istanbul The BIST 100 index on Borsa Istanbul lost 1.74% on a weekly basis, retreating to 13,934.06 points.
Sectoral Performance and the Technology Index When analyzed by sector, the technology index was the only major sector to close the week in positive territory, rising 3.20% to reach 37,463.35 points.
In contrast, other main sectors experienced declines: Services index: decreased by 3.08% to 12,420.26 points Industrial index: decreased by 2.60% to 16,858.46 points Financial index: decreased by 1.17% to 19,532.75 points Stock Market Highlights Among the stocks included in the BIST 100 index, Destek Finans Faktoring AŞ was the top performer this week, with a gain of 35.64%.
The stocks that lost the most value were as follows: Girişim Elektrik Sanayi: 16.70% loss Qua Granite Hayal Yapı: 14.16% loss Ral Yatırım Holding: 13.51% loss Foreign Exchange Market In the foreign exchange market, the selling price of the US dollar rose by 0.07% to 43.7700 lira.
The Euro fell by 0.62% to 51.6060 lira, the British Pound decreased by 0.97% to 59.0610 lira, and the Swiss Franc dropped by 0.49% to 56.6320 lira.

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