BIST 100 Index Performance
The BIST 100 index concluded the week at 10,647.91 points, losing 1.15% compared to the previous week’s closing, after hitting a low of 10,486.70 and a high of 10,824.21 points.
Gold Prices
The gram selling price of 24-carat gold in the Grand Bazaar decreased by 0.24% this week to 2,452 lira, while the selling price of the Republic gold dropped by 0.67% to 16,200 lira.
The selling price of a quarter gold fell from 4,090 lira last weekend to 4,066 lira.
Currency Rates
EURO RISES TO 35.1220 LIRA
This week, the US dollar decreased by 0.05% to 32.8170 lira, while the euro increased by 0.02% to 35.1220 lira.
Investment Funds Performance
Investment funds gained 0.51% this week, and individual retirement funds rose by 0.39%.
Among the categories, the highest-performing investment funds were “Debt Instruments” and “Money Market” funds, both yielding a return of 0.94%.
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.
