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Money market funds lead weekly gains
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Money market funds lead weekly gains

Türkiye's benchmark BIST 100 index ended the October 26–30 trading week down 3.22% at 10,759.56 points. 

 

After reaching a weekly high of 11,294.83 points, the index closed at its lowest level of the week. Gold prices also recorded losses. In Istanbul's Grand Bazaar, 24-karat gold fell 1.18% to TL 6,295 per gram, while the Republic gold coin declined 1.67% to TL 41,180 and the quarter gold coin dropped 1.71% to TL 10,340. In foreign exchange markets, the U.S. dollar gained 0.48% to TL 49.9460, while the euro slipped 0.10% to TL 55.7220.

Investment funds lost an average of 0.01% over the week, while pension funds declined by 0.24%. Among fund categories, money market funds delivered the strongest performance, generating a weekly return of 0.52%. As stocks, gold, and the euro posted losses, the U.S. dollar recorded a modest gain, while money market funds emerged as the best-performing investment category among the assets compared.

 

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