Starting the new week, Borsa Istanbul reached an all-time high of 5725 points.
This upward movement in the stock market is accompanied by the record highs in USD/TL rate and gram price of gold.
While USD/TRY peaked at 23.76 TL, gram price of gold reached 1500 TL.
As the domestic market leaves behind a volatile week, both the exchange rate and the price of gold in grams started the week with new highs. Meanwhile, Borsa Istanbul reached a historic record by climbing up to 5725 points intra-day.
In the coming days, the markets will closely follow the actions taken in economic policies and the first meeting of the Central Bank of the Republic of Turkey (CBRT).
Historic record in Borsa Istanbul
Borsa Istanbul 100 index started the week with a 0.84% increase at 5673 points and continued to gain value, reaching 5725 points and setting a new intra-day record.
The banking index started the week with a 0.51% increase.
The most traded stocks were Turkish Airlines, Aselsan, Ereğli Demir Çelik, Türk Telekom, and Kardemir.
Dollar continues to rise
During the hours when the Turkish markets were closed, the exchange rate reached a new high of 23.7625 TRY in the international markets.
In a shallow market, the EUR/TRY climbed up to 25.5333 TRY.
Record after record in gram gold
Supported by the rise in USD/TRY, the price of gold per gram reached a historic record of 1500 TRY.