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July 23, 2024

European exchanges rally to close with major gains

ISTANBUL: European stock exchanges rallied Monday to close with major gains on the first trading day of the week.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European markets in 17 countries, was up 4.76 points…

Trkiye leaves interest rates unchanged at 50%, meeting forecast

ANKARA: Trkiye’s Central Bank on Thursday left the benchmark one-week repo rate unchanged at 50% for the fourth straight meeting, in line with market forecast.

“Considering the lagged effects of the monetary tightening, the (Monetary Policy) Committe…

S and P 500 posts best daily gain since early June

ISTANBUL: The S and P 500 closed higher on Monday, registering its best daily performance since early June.

The index increased 59 points, or 1.08%, to finish the session at 5,564 after it lost 1.97% last week.

The Dow Jones Industrial Average was u…