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Turkish stock exchange down 5.5% on Monday

ISTANBUL: The Turkish benchmark stock index closed Monday at 9,893.41 points, down 5.54% from the previous close.?

The BIST 100 index started the week at 9,769.69 points, losing 580.06 points from Friday’s close.?

The lowest value of the index for t…

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OECD inflation at lowest level since October 2021

ISTANBUL: The annual inflation averaged at 5.6% in the Organization for Economic Co-Operation and Development (OECD) area in June, down from 5.9% in May.

“This is the lowest level since October 2021, although a similar rate was already approached sev…

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Oil prices down over US recession fears

ISTANBUL: Oil prices extended losses on Monday over demand worries triggered by recession fears in the US, the world’s largest oil consumer.

International benchmark Brent crude traded at $76.46 per barrel at 10.41 a.m. local time (0741 GMT), a fall o…

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