BIST 100 Weekly Value Gain: Increased by 0.27 Percent

The BIST 100 Index Had a Good Week

The BIST 100 index saw its lowest level at 10,816.89 points and its highest level at 10,994.41 points during the past week. It ended the week at 10,971.52 points, achieving a %0.27 gain compared to the previous week's closing. This performance of the index amidst general market fluctuations provided some relief to investors.

Gold Prices Declined

The selling price of 24-carat gold bars in the Grand Bazaar decreased by %1.96 this week, falling to 5,431.4 liras. On the other hand, the republic gold coin also showed a decline of %1.95, dropping to 36,640 liras. For gold investors, the quarter gold price has also entered a downward trend; the quarter gold, which was 9,280 liras last weekend, fell by %1.96 this week to 9,098 liras.

Changes in Currency Rates

This week, the US dollar rose by %0.19, reaching 42.0490 liras. In contrast, the euro decreased by %0.59, falling to 48.5610 liras. These changes in currency rates are causing fluctuations in the interactions of domestic investors with foreign currencies.

Performance of Investment and Pension Funds

Investment funds gained an average of %1.18 this week, while pension funds also showed an increase of %1.04. In particular, equity funds placed in the category with the highest gain at %2.7. The increase in equity funds is being closely monitored by stock market investors and shaping market expectations.

In the upcoming weeks, market trends and developments in the global economy will play a critical role in determining the direction of the BIST 100 index and investment instruments.