BIST 100 Weekly Decline: Gold and FX Movements

The Borsa İstanbul 100 index closed at 13,458.10, down 3.48% last week, while gold prices fell between 0.50% and 0.66%. Meanwhile, the USD gained 0.38%, while the EUR rose 1.22%. Investment funds lost 1.34%, while pension funds dropped 1.55%. Money Market Funds, however, showed a gain of 0.76%. How will markets react to these developments?

BIST 100 Weekly Performance

■Lowest level: 13,216.16

■Highest level: 14,085.39

■Weekly close: 13,458.10

■Percentage change: -3.48%

Gold Price Decline

■24K Gold Bar: 6,154 TL (-0.50%)

■Cumhuriyet Gold: 40,263 TL (-0.57%)

■Quarter Gold: 10,103 TL (-0.66%)

FX Rate Movements

■USD/TRY: 47.5260 TL (+0.38%)

■EUR/TRY: 54.5180 TL (+1.22%)

Investment Fund Performance

■Investment Funds: -1.34%

■Pension Funds: -1.55%

■Top Gainer: Money Market Funds (+0.76%)

Markets are now focusing on central bank policies amid gold price declines and BIST 100 weakness. The volatility in FX rates reflects ongoing assessments of the U.S. economy. The performance of investment funds aligns with increased risk aversion in the market.