Istanbul Stocks Close Lower as Banking, Telecoms and Power Weigh on BIST 100
Turkey's main equity index slipped at Friday's close, dragged down by losses in the Banking, Telecoms and Electricity sectors. The BIST 100 ended the session down 1.28%. While several industrial and energy names led gains, a larger number of listings fell, and commodity and FX markets registered notable moves in gold, oil and the lira.