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Turkish stock exchange down 5.5% on Monday

ISTANBUL: The Turkish benchmark stock index closed Monday at 9,893.41 points, down 5.54% from the previous close.?

The BIST 100 index started the week at 9,769.69 points, losing 580.06 points from Friday’s close.?

The lowest value of the index for t…

US stocks open week with major losses amid recession fears

ISTANBUL: Major stock exchanges in the US opened Monday with major losses as recession fears continue in global stock markets.

The Dow Jones plummeted 931 points, or 2.3%, to 38,836 at 10.05 a.m. EDT (1400GMT). The blue-chip index lost 610 points, or…

Oil prices down over US recession fears

ISTANBUL: Oil prices extended losses on Monday over demand worries triggered by recession fears in the US, the world’s largest oil consumer.

International benchmark Brent crude traded at $76.46 per barrel at 10.41 a.m. local time (0741 GMT), a fall o…