Vice President Yılmaz: "We Will Maintain Balanced Growth"

The Vice President Yılmaz announced that the seasonally adjusted real sector confidence index increased by 1.2 points in November, reaching a level of 103.4. Yılm...

MARKET OUTLOOK - Stock Exchange Day Ends with Heavy Buying

The BIST 100 index closed the day with an increase of 335.95 points, reaching 9367.77. According to the Foreks News survey, the BIST 100 index was expected to clo...

JPMorgan's Euro and Pound Forecast: "Trump Policies Will Weaken Euro, Target 1.25 for GBP/EUR"

After the U.S. presidential elections, the GBP/EUR exchange rate dipped below 1.1850 following the initial reactions to the UK budget but showed a strong recovery...

Evogene Earnings Fall Short at $0.30, Profit Below Expectations

According to Evogene's (NASDAQ: EVGN) report, the earnings per share for the third quarter were -$1.310, which is $0.30 worse than the analysts' expectations of -...

China Becomes the First Country to Achieve Zero Growth in Land Degradation

China has become the first country in the world to achieve zero growth in land degradation. During a press conference organized today by the National Forestry and...

UK's NESO to Pay Users for Using Less Energy

LONDON - The National Electricity System Operator (NESO) in the United Kingdom has announced that the Demand Flexibility Service (DFS) will be available year-roun...

Starbucks Reduces Hedging Program Despite Rising Coffee Prices

Starbucks has raised concerns that it may be unexpectedly exposed to market fluctuations by reducing its hedging measures against shocks in coffee prices, even as...

Interest Rate Cuts Still Distant in Turkey - Capital Economics

Foreks - Capital Economics' Nicholas Farr noted that after the Central Bank of the Republic of Turkey held the benchmark interest rate steady, it is still a long ...

Worldsteel Revises Global Steel Production for October with a 1% Increase

Worldsteel announced today that it has made an upward revision to its October 2024 steel production figures following a change in South Korean data. The revised f...

Summary Insights on the Markets

Forex -

Market Summary Information

• November 21, 2024

Borsa Istanbul Equity Market

BIST 100 Index Closing
9,367.77

BIST 100 Daily Change
335.95

BI...

Market Insight: Euro Surges Following Ifo Data Release

Forex - The Euro strengthened against the Dollar after business expectations in Germany came in slightly above predictions. The Ifo Business Expectations Index de...

Reddit Experiences Outage Affecting Thousands of Users Following Software Bug Fix

On Thursday, Reddit experienced a significant outage affecting thousands of users. This service interruption occurred immediately after the company resolved a sof...

China's Central Bank to Develop Credit Products Better Suited for Early-Stage Tech Firms

The People's Bank of China (PBOC) stated that it will direct its policies towards supporting private and small enterprises and will develop credit products that b...

Two Sigma to Lay Off 200 Employees - Bloomberg

NEW YORK - Leading hedge fund Two Sigma Investments is preparing to lay off approximately 200 employees, representing about 10% of its workforce of around 2,000, ...

MIA Technology Signs Strategic Partnership and Consulting Agreement with Italian Company ARCHES

MIA Technology has signed a Strategic Partnership and Consulting Agreement with the Italian company ARCHES, aiming to establish collaborations primarily in the se...

Gaetz Withdraws from Attorney General Candidacy

WASHINGTON - Former Florida Representative Matt Gaetz announced that he has withdrawn his candidacy for the position of Attorney General under President-elect Don...

BoE/Lombardelli: Inflation May Exceed Predictions

Forex - Bank of England (BoE) Deputy Governor Clare Lombardelli expressed that she is more concerned about the risk of inflation being higher than the central ban...

Griffin Indicates Willingness to Sell Citadel's Minority Stake - Reports

The $65 billion asset giant hedge fund Citadel has indicated that it may potentially sell a minority stake in the future. Founder Ken Griffin expressed his openne...

Business Sentiment in Germany Declined in November

The survey conducted by the economic think tank Ifo in Germany revealed that the business environment weakened in November. The Ifo business climate index fell fr...

Summit Materials Stock Rises Amid Reports of Nearing Acquisition by Quikrete

According to a report published Thursday afternoon, based on sources close to the matter, Quikrete, a leading producer of packaged concrete and cement mixtures in...

Anadolu Efes Highlights the Importance of Collaboration for Sustainable Development Goals at COP29

Forex - Anadolu Efes (IS: AEFES), positioning sustainability at the center of its business model, participated in the 29th United Nations Climate Change Conferenc...