BIST 100 Weekly Value Loss: 3.28% is Attention-Grabbing

Weekly BIST 100 Performance

The BIST 100 index exhibited a volatile course over the past week, reaching a low of 10,373.75 points and a high of 11,044.47 points. However, following this turbulent period, the index closed the week at 10,565.74, which is 3.28% lower than the previous closing level. This decline has raised concerns among investors, indicating that uncertainty in the markets continues.

Changes in Gold Prices

The gram sale price of 24-carat gold traded in the Grand Bazaar increased by 1.69% this week, rising to 5,519 lira. Furthermore, the selling price of the republic gold also gained 1.68%, reaching 37,227 lira. The selling price of the quarter gold, which was 9,091 lira last weekend, also climbed to 9,244 lira with an increase of 1.68%.

Increase in Currency Rates

This week, movement was observed in the currency markets as well. The US dollar climbed by 0.28%, reaching 42.3320 lira, while the euro also increased by 0.80%, rising to 49.3040 lira. These developments indicate that investors are prompting activity in the currency side.

Effects on Investment Funds and Pension Funds

Investment funds lost 1.33% in value this week, while pension funds declined by 0.82%. When evaluated by categories, the most profitable among investment funds were the 'precious metals' funds, which gained 6.11%. This situation reveals that interest in gold and precious metals continues to increase.