En Index climbs as rates fall

Index climbs as rates fall

03.07.1998 - 00:00 | Son Güncellenme:

Index climbs as rates fall

Index climbs as rates fall

       Shares gained 4.08% on average yesterday. The IMKB - 100 index closed 168.32 points, or 4.08% higher than the previous day hitting 4,292.88 points.
       Brokers regard the climb following a cramped period as a positive development. They also said that the rise could continue tomorrow but that the trade volume should go on with its increase.
       The upward movement - exceeding 4.250 level - at the stock exchange due to the falling interest rates raised hopes that the bourse will be happier in the next period.
       As index moved between 4,203 and 4,292, paper / forest and publication indexes gained the most in terms of sectoral indexes. Milliyet Gazetecilik and Hurriyet Gazetecilik shares closed 7.94 and 11.11 percents higher.
       As values of 205 shares out of intradaily traded 275 stocks increased up from the Wednesday closure, values of 41 shares didn't change and 21 lost.