Market Insights Summary

Forex -

Summary Information on Markets

-November 7, 2024-

Borsa Istanbul Stock Market

BIST 100 Index Closing 8,946.13

BIST 100 Daily Change 83.81

BIST 100 ...

Qualcomm Stocks Surge on Strong Sales Forecasts

Shares of Qualcomm, a leading smartphone chip supplier, rose by 4% today after the company announced an optimistic revenue forecast indicating a rebound in the sm...

Market Overview: Stock Market Ends the Day with Buying Momentum

Foreks - The BIST 100 index closed the day at 8946.13, with an increase of 83.81 points. According to the Foreks News survey, the BIST 100 index was expected to c...

Which Stocks Gained the Most on Borsa Istanbul Today?

The BIST 100 index initially moved downward throughout the day but rebounded with increased buying in the final hour.

After remaining relatively stable in the 8,...

Kremlin: Trump Exaggerated His Capability to Resolve the Ukraine Crisis Overnight

Forex -

Link Computer and Vitalis Technology Apply to Competition Authority for Merger Process

Foreks - Link Bilgisayar (IS:LINK) Systems Software and Hardware Industry and Trade Inc. and Vitalis Technology Inc. have submitted an application to the Competit...

Tapdi Oksijen Announces Decision for Free Capital Increase

Tapdi Oksijen Özel Sağlık ve Eğitim Hizmetleri T.A.Ş. (TNZTP) announced its decision to increase capital in a notification made to KAP. During today's board meet...

Tera Group Becomes Major Shareholder by Acquiring 60% Stake in Barikat Group

Foreks - Barikat Group has signed a strategic partnership agreement with Tera Group, known for its innovative works in technology and digital transformation. As p...

Ethereum Foundation Launches Mekong Testnet Ahead of Major Network Update

The Ethereum Foundation announced that it has launched the Mekong testnet as a significant step towards the upcoming Pectra update. The Foundation stated that thi...

Sterling and UK Stocks Rise on BoE's Optimistic Outlook

The British pound and UK-focused stocks experienced a significant rise today following the Bank of England's (BoE) unexpected decision to lower interest rates and...

Outbrain Earnings Beat Expectations at $0.08, But Profit Falls Short

According to Outbrain's (NASDAQ: OB) report, the earnings per share for the third quarter was $0.110, which is $0.08 better than analysts' expectations of $0.028....

Bank of England Cuts Interest Rates, Foresees Gradual Future Reductions

The Bank of England announced today a reduction in interest rates. This marks only the second reduction since 2020. In a press conference following the decision, ...

Turkish Authorities Monitor Local Banks' TL Liquidity Transactions Abroad - Bloomberg

It has been reported that authorities in Turkey are examining repo-like transactions that allow local banks to access cheaper TL funding abroad and may inflate of...

Dollar Declines Ahead of Fed Decision: What's the Latest on Other Major Currencies?

The dollar experienced a significant increase following Donald Trump's victory in the presidential elections. However, today the dollar partially retreated as inv...

Nova Measuring Surpasses Expectations with Earnings of $0.06 and Strong Profit Performance

According to Nova Measuring's (NASDAQ: NVMI) report, the third-quarter earnings per share came in at $1.74, which is $0.06 better than analysts' expectations of $...

Migros Increases Its Store Count to 3,563

Foreks - Migros (IS:MGROS) announced that as of October 31, 2024, the total number of stores has increased to 3,563. In a statement made to KAP, it was noted: "Ou...

Today in the Precious Metals Market: 2,302 kg of Gold and 6,831 kg of Silver Traded

Forex -

ECB/Knot: Increasing Trade Barriers Pose Financial Risks

Klaas Knot, a member of the European Central Bank's Governing Council and President of the Dutch Central Bank, stated that increasing geopolitical tensions and ri...

Bank of England Cuts Rates Ahead of Fed Meeting

The Bank of England (BOE) has reduced its policy interest rate by a quarter point today, lowering it from 5% to 4.75%. This decision was made just hours before a ...

President Erdoğan Holds Informal Meeting with President of South Cyprus in Hungary

It was reported that Turkish President Tayyip Erdoğan and Cypriot President Nikos Christodoulides met on Thursday during a summit held in Hungary. Cypriot governm...

Trading Volume Reaches 40.62 Billion TL in Takasbank Money Market

In the Forex - Takasbank Money Market today, a transaction volume of 40,615,019,000 TL was achieved. In dollar terms, the figure amounted to 1,188,126,029.

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