EVSID/Özger: Withholding Tax on E-commerce Will Hit SMEs the Hardest

Concerns have emerged in the sector regarding the planned withholding tax for businesses engaged in e-commerce. It is estimated that around 425,000 small business...

Turkey's National Airline Sees 8.3% Increase in Passenger Numbers, Reaching 6.5 Million in November

Forex - Turkish Airlines (IS:THYAO)'s (THY) total passenger count during November 2023 was 6 million, which increased by 8.3% to 6.5 million in the same period of...

Metal Exports Decline Despite Firm Pricing Stance

Foreks - The results for the "TR-METALENDEKS Turkey Metal Industry Export Index," prepared by the Istanbul Iron and Non-Ferrous Metals Exporters' Association (IDD...

Kadooğlu: We Have Nearly 100% Growth Potential in Wheat Exports to Syria

Forex - The cereals, pulses, oilseeds, and products sector, which continues to lead exports in the region by accounting for 29.1% of the total exports of Southeas...

Işıkhan: Increasing Employment and Labor Force Participation Remains Our Top Priority

The Minister of Labor and Social Security, Vedat Işıkhan, stated, "The increase in employment and labor force participation rate, which is one of our top prioriti...

HSBC Expects Central Bank to Cut Rates to 30% by End of 2025

Forex - HSBC expects that the Central Bank of the Republic of Turkey (CBRT) will reduce interest rates from 50% to 30% by the end of 2025. The bank noted that und...

STOCK VALUATION - Tera Investment Revises Target Prices for Two Stocks in Its Model Portfolio

Tera Investment has revised the target prices of two stocks in its model portfolio. The model portfolio includes BIM, Ford Otosan, Garanti BBVA, Galata Wind Energ...

Which Stocks Stand Out Amidst Today's Decline on Borsa Istanbul?

The BIST 100 index exhibited a bearish trend throughout the day. After achieving positive closes for the last 7 trading days, it broke its upward streak with toda...

Controlmatik Secures Major Deal Abroad

Kontrolmatik Technology Energy and Engineering Inc. (KONTR), in collaboration with Joule Global Energy Inc., in which it holds a 51% stake, has initiated an innov...

Tether Receives Virtual Asset License in Abu Dhabi

Tether, one of the largest companies in the cryptocurrency industry, announced that USDT has been recognized as an “Approved Virtual Asset (AVA)” by the Financial...

How Did Institutional Investors React to the Recent Drop in Bitcoin?

A sudden wave of selling in the cryptocurrency market has led to a sharp decline in Bitcoin's value, while the rise of Coinbase (COIN) Premium is seen as a notewo...

Regulatory Signals for Cryptocurrencies from CMB President İbrahim Ömer Gönül

Ibrahim Ömer Gönül, the Chairman of the Capital Markets Board, has indicated that new regulations regarding cryptocurrencies will be published very soon. Given Tu...

Citi and ING Analysts Share Insights on Euro and European Stock Markets

Global financial markets are closely monitoring the current status of the euro and European stock markets ahead of the European Central Bank's (ECB) interest rate...

Minister Şimşek: "The Labor Market Continues to Show Resilience"

The Minister of Treasury and Finance, Mehmet Şimşek, evaluated the current state of the Turkish economy and future expectations in a statement made through the so...

El Salvador Plans to Compromise Bitcoin Policy for IMF Loan Agreement

El Salvador has moved a step closer to securing a billion-dollar financing from the International Monetary Fund (IMF). However, the country may need to make some ...

IRS Reminds Retirees Over 72 to Take Required Minimum Distributions

The Internal Revenue Service (IRS) has reminded retirees aged 73 and older to take their Required Minimum Distributions (RMDs) from Individual Retirement Accounts...

Two Former Biotechnology CEOs Found Guilty in Stock Fraud Case

A federal jury in Maryland found two former biotechnology executives guilty of involvement in a securities fraud scheme linked to CytoDyn Inc., a biotechnology fi...

Olin Stocks Decline Amid Chemours' New Chlor-Alkali Plant Plans

In early trading on Tuesday, Olin Corporation shares fell by 4% following an announcement from The Chemours Company. Chemours revealed plans to build and operate ...

Market Outlook - The Stock Exchange Ends the Day in the Red

The BIST 100 index closed the day down by 158.36 points at 10099.03. According to the Foreks News survey, a decline of 39.1 points for the BIST 100 index was expe...

Summary Insights on the Markets

Forex -

Market Summary Information

• December 10, 2024

Istanbul Stock Exchange - Equity Market

BIST 100 Index Closing
10,099.03

BIST 100 Daily Change
-15...

United Rentals Shares Decline Following Ashtead's Revenue Forecast Cut

In early trading on Tuesday, United Rentals shares fell by 5% following the announcement that its UK counterpart, Ashtead, downgraded its full-year rental income ...