Turkey stocks lower at close of trade; BIST 100 down 3.25%

USD/TRY: +0.17% to 34.22
EUR/TRY: -0.59% to 37.85
US Dollar Index Futures: +0.52% at 101.04

Turkey Stock Market Update

Turkey stocks declined after the close on Tuesday, with significant losses in the Insurance, Information Technology, and Banking sectors.

At the close in Istanbul, the BIST 100 fell 3.25%, marking a new three-month low.

Alfa Solar Enerji AS (IS:ALFAS): +5.13% (up 2.70 points to 55.30)
Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS (IS:BJKAS): +4.55% (up 0.26 points to 5.97)
ENKA Insaat ve Sanayi AS (IS:ENKAI): +1.63% (up 0.74 points to 46.04)

Karsan Otomotiv Sanayi ve Ticaret AS (IS:KARSN): -9.97% (down 1.72 points to 15.53)
ODAS Elektrik Uretim Sanayi Ticaret AS (IS:ODAS): -8.94% (down 0.58 points to 5.91)
Reeder Teknoloji Sanayi Ve Ticaret AS (IS:REEDR): -8.35% (down 2.14 points to 23.48)

Falling stocks outnumbered advancing ones on the Istanbul Stock Exchange by 507 to 65, with 4 stocks remaining unchanged.

Shares in ODAS Elektrik Uretim Sanayi Ticaret AS (IS:ODAS) reached a 52-week low, dropping 8.94% to 5.91.

Gold Futures (December delivery): +1.00% (up 26.60 to $2,686.00 per troy ounce)
Crude Oil (November delivery): +4.46% (up 3.04 to $71.21 per barrel)
Brent Oil (December contract): +4.10% (up 2.94 to $74.64 per barrel)