BIST 100 Index Performance
The BIST 100 index ended the week at 9,833.22 points, gaining 1.71% compared to the previous week’s close, after reaching a low of 9,523.25 and a high of 9,888.40.
Gold Prices in Turkey
This week, the price of 24-carat gold bullion increased by 0.33%, reaching 2,757 Turkish Lira per gram, while the sale price of the Republic gold rose by 2.28% to 18,722 Turkish Lira.
The price of a quarter gold coin, which was 4,590 Turkish Lira last weekend, has increased to 4,617 Turkish Lira.
Currency Exchange Rates
This week, the US dollar appreciated by 0.20%, reaching 34.0690 Turkish Lira, while the euro decreased by 0.82% to 37.6870 Turkish Lira.
Investment Funds Performance
Investment funds lost 0.23% this week, and pension funds decreased by 0.41%. Within the investment funds, the “Money Market” funds provided the highest return, gaining 0.80%.
Source
Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
