IMKB main index surges 3.44 percent last week
Posted by meb at February 19th, 2007
İstanbul Stock Exchange (İMKB) main index, the İMKB-National100, surged 3.44 percent last week.
All the Stock Exchange indexes rose last week. In the İMKB Bill and Bond Market, the rates moved down remarkably. The US dollar lost value against the YTL, while the Euro gained. There was no change in the averages of the deposit interest rates.
The average increase in the value of the stocks on the weekly basis was 3.44 percent. The selling price per gram of 24-carat gold bullion closed the week down 0.50 pct and the selling price per gram of Republic gold down 0.50 pct.
The A.A Fund Index, which followed the course of the investment funds, advanced by 0.87 percent last week. When compared to the rates in the previous weekend, the net weekly return of the one-month deposit interest rate was 0.27 percent and the net return of the weekly repo was 0.31 pct.
The İMKB National-100 Index rose by 1,450.73 points last week and increased from 42,185.46 to 43,636.19. The İMKB National-Financial Index rose by 2,727.11 points from 64,414.39 to 67,141.50. The İMKB National-Industrial Index rose by 887.87 points from 33,750.21 to 34,638.08 , and the İMKB National-Services Index rose by 51.55 from 23,480.62 to 23,532.17.
Thus, the value of financial group stocks were up an average rate of 4.23 percent, industrial group stocks , up 2.63 percent, and services group stocks down 0.2 percent.
Out of 327 stocks, which were traded in the İMKB last week, 180 stocks gained in value, while 115 lost in value. The value of 32 stocks remained the same.
Last week, the highest decrease was at Varlık Yatırım Ortaklığı, up 55.68 percent- this investment fund stock with some other stock holdings at the İMKB rose to multiples of its actual market value which is and has to be declared at every week -; followed by Ersu Gıda, up 37.21 pct; and Egeli Yatırım Ortaklığı, up 21.43 pct.
The highest decrease was at Fon Finansal Kiralama, down 18.85 percent; followed by Esem Spor Giyim, down 18.00 percent ; and Aviva Sigorta, down 11.17 percent.
At İstanbul free market trading, the USD fell against YTL by 0.79 pct, while the Euro rose by 0.11 pct. British Sterling dropped by 0.73 pct, and Swiss Franc rose by 0.18 percent.
When compared to the previous weekend, the selling price of USD in YTL fell 0.0110 to YTL 1.3870, the selling price of Euro rose 0.0020 to YTL 1.8190. The selling price of British Sterling fell by 0.0200 to YTL 2.7050, and the Swiss Franc rose by 0.020 to 1.1220.
The selling price per gram of 24-carat gold bullion which was purchased and sold in the Covered Bazaar rose by 0.50 pct, and the selling price of Republic rose rose by also 0.50 pct. The selling price per gram of the gold bullion was YTL 29.60 as of the closing on Friday, while the selling price per gram of Republic gold was YTL 199.00.
In the İstanbul Gold Exchange (İAB), the selling price per gram of 24-carat gold was same at YTL 29.25.
The A.A. Compound Fund Index, which followed the price course of the investment funds, increased by 6.252 points from 718.345 to 724.597.
The certificates of participation which gained the highest value last week were Vakıf A Tipi İMKB-30 Endeks Fon, up 5.80 percent; Koçbank A Tipi Özel Bankacılık İMKB-30 Fon, up 5.72 percent; and Halkbank A Tipi Değişken Fon, up 5.69 percent.
The certificates of participation which lost most value were Strateji A Tipi Risk Yönetimi Hisse Fon; down 2.56 percent; Anadolubank A Tipi Değişken Fon, down 2.03 percent; and Vakıf B Tipi Eurobond Fon, down 1.09 percent.
Last week, the Treasury held one auction. In 4-year, fixed 6-month coupon payments, securities sale, simple interest rate stood at 17.96 pct, and the compound interest rate at 18.77 pct. Nominal bids in the auction reached YTL 2.2 bln, while nominal sales stayed at YTL 585 million with net sales at YTL 526 million. However, with sales to market-maker banks the total amounted to YTL 1.655 bln, net.
According to the calculations made via the weighted averages in the İMKB Bill and Bond Market, the weekly net returns of the securities in various terms were between 0.29 percent and 0.37 percent.
There was no change in the averages of the deposit interest rates. According to the calculations made through the averages of the interest rates of 10 leading public and private banks, which were taken into consideration, the weekly net return of the one-month deposit interest rate was 0.27 percent as of the rates which were valid at the previous weekend.
The net return of the weekly repo, the average interest rate of which was 17.6 percent in the İMKB Repo Reverse Repo Market at the previous weekend, was 0.31 percent.
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