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July 1, 2024

Euro area manufacturing activity contracts further in June

ANKARA: The downturn in the euro area manufacturing sector deepened in June as a contraction in output accelerated at the strongest pace in the year to date, according to a report released on Monday.

The HCOB Eurozone Manufacturing purchasing manager…

Oil up following weak US dollar, growing supply concerns

ANKARA: Oil prices rose on Monday over a weak US dollar, plus ongoing uncertainties over the timing of the US Federal Reserve’s interest rate cut, and the Israel-Palestine and Russia-Ukraine conflicts.

International benchmark Brent crude traded at $8…

Trkiye’s BIST 100 closes Monday with losses

ANKARA: Trkiye’s benchmark stock index closed Monday at 10,343.31 points, plunging 2.86% from last week’s close.

After starting the day at 10,714.07 points, Borsa Istanbul’s BIST 100 index lost 304.60 points with a daily transaction volume of 99 bill…