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Turkiye economy

Turkiye annual inflation to be high in H1, Simsek says

ISTANBUL: Turkiye annual inflation will remain high in the coming months due to base effects and the delayed impact...

Published 04 Mar, 2024 12:45pm

Business & Finance

Turkiye’s Feb exports to Russia down 34% from year earlier

ANKARA: Turkiye’s exports to Russia in February fell 33% year on year to $670 million, trade ministry data showed on...

Published 02 Mar, 2024 03:18pm

Markets

Turkiye central bank reserves fall partly due to energy import payments, traders say

ANKARA: A $6 billion decline in Turkish Central Bank net reserves to $22.45 billion last week was in part due to...

Published 29 Feb, 2024 08:05pm

World

Turkiye receives US draft letters approving F-16 jets deal

ANKARA: The United States has sent Turkiye draft letters of offer and acceptance regarding its request to buy...

Published 29 Feb, 2024 05:52pm

Business & Finance

Turkiye GDP grew 4.5% in 2023 on strong demand; slowdown coming

ISTANBUL: Turkiye economy grew 4.5% last year and 4.0% in the fourth quarter, data showed on Thursday, beating...

Published 29 Feb, 2024 01:48pm

Business & Finance

Turkiye hikes rates by 250 pts to 42.5% with end in sight

ISTANBUL: Turkiye’s central bank lifted its key interest rate by 250 basis points to 42.5% on Thursday as expected,...

Published 21 Dec, 2023 05:01pm

World

Inflation forces Turkiye’s central bank chief to move in with parents

ISTANBUL: The new head of Turkiye’s central bank said she has been priced out of Istanbul’s property market by...

Published 16 Dec, 2023 03:12pm

World

Turkiye’s inflation hovers near 60% after policy U-turn

ISTANBUL: Turkiye’s annual inflation rate held steady near 60 percent last month, official data showed Thursday,...

Published 03 Oct, 2023 01:01pm

World

Erdogan takes grain diplomacy to Putin in Sochi

ISTANBUL: Turkiye President Recep Tayyip Erdogan visits his Russian counterpart Vladimir Putin on Monday in a...

Published 04 Sep, 2023 10:37am

World

Turkey’s economy grew by more than expected 3.8% in Q2

ISTANBUL: Turkey’s economy grew by a more than expected 3.8% in the second quarter due to strong household spending,...

Published 31 Aug, 2023 01:05pm

World

Survivors dug out of rubble in Turkiye, but many families pray to find a body to mourn

ANTAKYA/KAHRAMANMARAS: Survivors were still being dug out of the rubble in earthquake-hit Turkiye, but for many...

Published 19 Feb, 2023 12:47pm

Business & Finance

Earthquake sends tremors through Turkiye fragile economy

ISTANBUL: Turkiye was already battling runaway inflation and relying on rich allies for funding to keep its economy...

Published 19 Feb, 2023 10:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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Turkiye economy

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