Weekly Market Outlook: Borsa Istanbul and Euro Decline, Gold and Dollar Rise

During the week of February 13-20, Borsa Istanbul and the Euro lost value, while gold and the US dollar provided gains for investors. The BIST 100 index ended the week with a 1.74% decrease.

Weekly Market Outlook: Borsa Istanbul and Euro Decline, Gold and Dollar Rise

Borsa Istanbul Records Weekly Loss The BIST 100 index at Borsa Istanbul completed the week of February 13-20 with a decline.
During the week, the index saw a low of 13,718.14 points and a high of 14,532.67 points.
It closed at 13,934.06 points, representing a 1.74% loss compared to the previous week's close.
Investment funds decreased by 0.51%, while pension funds saw a decline of 0.86%.
Currency and Precious Metals Performance In the foreign exchange market, the US dollar saw a limited weekly increase of 0.07%, rising to 43.7700 Turkish Liras.
Conversely, the Euro lost 0.62% of its value, falling to 51.6060 Turkish Liras.
Gold investors saw positive returns this week.
Similarly, the quarter gold coin completed the week at 11,911 Turkish Liras, gaining 1.33% in value.

Sources

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