The BIST 100 index ended the week at 10,471.32 points, gaining 3.28% compared to the previous week’s close, after reaching a low of 9,958.11 and a high of 10,575.98.
2% INCREASE IN GOLD
This week, the gram selling price of 24-karat gold traded in the Grand Bazaar rose by 2.04% to 2,450 lira, while the selling price of the Republic gold increased by 0.44% to 15,970 lira.
The selling price of a quarter gold, which was 3,930 lira last weekend, has increased to 4,010 lira.
DOLLAR INCREASED, EURO LIMITED DROP
This week, the US dollar gained 1.31%, rising to 32.6860 lira, while the euro decreased by 0.01% to 34.9060 lira.
THE MOST PROFITABLE INVESTMENT FUND
Investment funds gained 0.30% this week, while individual pension funds increased by 0.73%.
When looking at the categories, the “Equity” funds within investment funds showed the highest return at 1.00%.
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.
