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August 12, 2024

Trkiye’s BIST 100 closes Monday in red

ANKARA: Trkiye’s benchmark stock index closed Monday at 9,828.56 points, falling 0.80% from last week’s close.

After starting the day at 9,980.15 points, Borsa Istanbul’s BIST 100 index lost 78.82 points with a daily transaction volume of 93.8 billio…

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US posts $244B budget deficit in July

ISTANBUL: The US posted a federal budget deficit of $244 billion in July, according to Treasury Department figures released Monday.

For July, total receipts, or income, were around $330 billion against total outlays, or spending, of $574 billion.

Fo…

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US stock exchanges close mixed

ISTANBUL: Major stock exchanges in the US closed mixed Monday.

The Dow Jones Industrial Average was down 140 points, or 0.36%, to finish at 39,357.

The S and P 500, on the other hand, ended the session flat at 5,344. The Nasdaq, meanwhile, added 35 …

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Fitch cuts Israel’s credit rating to ‘A’

WASHINGTON: Credit ratings agency Fitch said Monday that it downgraded Israel’s credit rating to ‘A’ from ‘A+’, citing the ongoing war in the Gaza Strip.

“The downgrade to ‘A’ reflects the impact of the continuation of the war in Gaza, heightened geo…

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