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October 13, 202617°
BIST10012,237
-0.23%
USD49.34
+0.24%
EUR55.21
-0.01%
GOLD4,190.60
0.00%
INTEREST37.00%
-1.00
BITCOIN83,432
+2.05%
October 13, 202617°

Markets & Finance

195 articles

Economy

Türkiye's total turnover index rose 31.8% year on year in August
According to the August data from the Turkish Statistical Institute, the total turnover index rose 3% month on month. The services sector led the annual increase at 33.6%, followed by industry at 32.6%, trade at 32.5% and construction at 19.2%.
Trade sales volume rose 0.6% year on year in August, while retail sales climbed 10.1%
According to August data from the Turkish Statistical Institute, trade sales volume rose 0.6% compared with the same month last year. Over the same period, retail trade sales volume increased 10.1%, while the volume of wholesale and retail trade and repair of motor vehicles and motorcycles fell 11.2% and wholesale trade sales volume declined 1.9%.
Borsa Istanbul starts the week 0.09% higher at 12,277.24 points
The BIST 100 index started the first trading day of the week higher after closing Friday up 0.43% at 12,265.98 points.
TMSF to hold entrance exam for 75 positions in Istanbul
The Savings Deposit Insurance Fund will hold written and oral entrance examinations for 10 assistant fund auditors, 45 assistant fund experts and 20 fund attorneys at its Istanbul central organization. Applications can be submitted through e-Government until 5 p.m. on October 30.
Exports rose in 54 provinces across Türkiye, with 28 exceeding $1 billion
Istanbul led Türkiye’s provincial exports in September with $5 billion 736 million, followed by Kocaeli and Izmir. Exports exceeded $1 billion in 28 provinces during January–September, while 54 provinces increased their overseas sales.
Minister Yumaklı says TARSİM coverage will expand to 25 products in 2027
Minister Yumaklı announced that regulations to be implemented under TARSİM in 2027 will increase the number of products covered against frost from 9 to 25, while the number of products covered under the Basic Insurance Package will also rise to 25. Parcel-Based Yield Insurance will be piloted in Şanlıurfa and Kayseri, and the insured value of beehives will increase to 6,500 liras under apiculture insurance.
Global markets start the week cautiously as Brent crude slips to $103.4
Investors in global markets turned their attention on the first trading day of the week to inflation data, particularly from the United States, and corporate earnings reports. Amid continuing geopolitical developments and volatility in energy markets, Brent crude fell 1.2% to $103.4 a barrel.
Turkish VP: investors who already took profits won’t be compensated in fund liquidation
Turkish Vice President Cevdet Yılmaz said payments to investors in the liquidated funds will be based on the net investment amount and that those who had already collected their profits will not be included on the list of affected investors.
Türkiye's fresh vegetable exports reach $822.7 million in nine months
Türkiye's fresh vegetable exports reached $822.679 million on sales of 651,087 tonnes in the first nine months of the year. Export revenue rose 10 percent compared with the same period last year, while tomatoes and peppers accounted for approximately 70 percent of total revenue.
Istanbul generated more than $800 million from conference tourism in five years
Istanbul Chamber of Commerce President Şekip Avdagiç announced that around 500 conferences had been held in Istanbul over the past five years, welcoming approximately 200,000 convention tourists. Conference visitors spent up to $4,000 per person, while the 67 conferences held in the first eight months of the year generated approximately $120 million in accommodation, transportation, tour, restaurant and food-service revenue.

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