RNV Analytics Applies to Competition Authority for Share Transfer to Join Technology Sector

Foreks - RNV Analytics Technology and Consulting Inc. has applied to the Competition Authority for the transaction of equity transfer to be made through the Turke...

ECB/Centeno: Europe Should Not Follow the US, but Implement Basel III

Forex - European Central Bank (ECB) Governing Council member Mario Centeno stated that any attempt by the U.S. to disregard advanced banking capital rules would l...

Kenya Halts Adani's Airport Deal and Energy Project

NAIROBI - In a significant government shake-up, Kenyan President William Ruto has terminated all ongoing procurement processes with the Adani Group, encompassing ...

TİM: Export Demand Index Stays Below Threshold Level

The Export Demand Index for October 2024 decreased by 0.7% compared to the previous month and increased by 0.5% compared to the same month last year, reaching 99....

Which Stocks Gained the Most on Borsa Istanbul Today?

The BIST 100 index significantly compensated for its losses this week while moving upward throughout the day.

The BIST 100 index started the day with gains, and...

Anglo American to Sell Coal Business to Peabody Energy

Foreks - Anglo American (JO:AGLJ) announced that it has reached an agreement to sell its metallurgical coal business to Peabody Energy. The sale is expected to be...

Technip Energies Projects Strong Growth by 2028

PARIS - Technip Energies (PARIS:TE), a global leader in energy transition infrastructure, presented a robust growth strategy and financial outlook forecasting sig...

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, ...