Turkish stock index climbed 0.59% on Friday to end year’s last trading day in new high at all of 5,509.16 points.
Starting today at 5,510.78, the BIST 100 Index of Bursa Istanbul up 32.24 points From closing on Thursday of 5,476.92.
It peaked during the day at 5,562.98 points, while its daily low was 5,489.20 points.
while global The exchanges struggled with this yearBIST 100 Rocket 196.57% on on an annual basis in 2022, as investors hedge against High consumer prices and weak lira.
In contrast, Wall Street closed 2022 at its lowest point in 14 years and European stock exchanges made The biggest losses since 2018.
after it started year At 13.6800, the Turkish lira was at 18.7170 against United State dollar by the end of Friday.
The United States dollar / lira equivalent reached 18.8229 on December 27, while it was 1 euro trading for 20.0010 TL at the end of Friday, the exchange of British pounds / lira rate Stop at 22.6430.
At the close on Friday, the index trading The volume reached 113 billion Turkish liras ($6.03 billion).
the price of was gold down 0.14% to $1,823.40 per ounce, while Brent crude was at $84.51 per barrel. for Gaining 1.26% at 6:30 PM local time (3:30 PM GMT).
Like other countries, Turkey is struggling with record swell this year Ukraine also pushed the war up global Energy and food prices.
After hitting 24-year high of 85.51% in October, annual inflation in Turkey falls to 84.39% in November.
Turkish economy grew 3.9% year-over-year in Third quarter of 2022, hereafter growth rates of 7.7% and 7.5%, respectively, in the second And the first quarters.
Over the of the yearcentral bank of Republic of Turkey (CBRT) lowered its standard policy rate by a total of 500 basis pointsbrings it down to 9% from 14%.
the bank said the current The level is “appropriate” and will result in termination series of cutbacks.
