In light of the elections and the activity in the global economy, how are the markets on the first trading day of the week?
The moves of global markets on inflation and interest had affected many market actors, especially gold and the dollar. While gold gained a strong momentum, it was seen that the dollar preserved its structure. In addition, the US began to ease the markets as it continued to reduce inflation. The fact that the recession concerns and the slowdown in the rate of interest rate increase are shaping the expectations point to a recovering market. On the other hand, in the light of the elections, the market activity in Turkey was also a matter of curiosity. How did the markets start the day the day after the elections and the first trading day of the week?
What’s the Latest Situation in Gold Price?
Coming to the first trading day of the week, At 09:55, the gold prices are as follows;
ounce of gold,He spends the day with 2016 USD.
grams of goldcontinues its activity with 1,272 TL.
Quarter goldIt is also traded at 2,438 TL.
What About Dollar and Euro Price?
On the first trading day of the week At 09:55, the dollar and euro exchange rates are as follows;
Maintaining strong momentum The dollar rate is around 19.64 TL.
On the other hand euro, at the level of 21.37 TLis being traded.
What’s the Latest Situation in Borsa Istanbul?
At the beginning of the week and on the first trading day, at 09:55The situation in Borsa Istanbul is as follows;
BIST one hundred started the day at the level of 4,489.58 TL with a decrease of 6,38 percent. Due to this decline in the stock market, index-based circuit breaker was applied.
The most depreciating shares of the day came from the banking sector, down more than 9 percent.
