Market Outlook: Stock Exchange Wraps Up First Trading Day of the Year with a Surge in Purchases

The BIST 100 index closed the day at 9961.34 points, increasing by 130.78 points. According to the Foreks News poll, the BIST 100 index was expected to close with...

Tofaş to Halt Production from January 2-14 for Inventory Counting and Planned Maintenance Activities

Tofaş (IS:TOASO) will temporarily halt production at its Bursa factory from January 2 to January 14, 2025, for inventory counting and planned maintenance activiti...

Summary of Market Insights

Forex -

Summary Information on Markets

• January 2, 2025 -

Borsa Istanbul Equity Market

BIST 100 Index Closing 9,961.34

BIST 100 Daily Change 130.79

BIST 1...

Hang Seng Index Sees First Annual Rise Since 2019 in Hong Kong

Forex - The Hang Seng Index in Hong Kong has risen on an annual basis for the first time since 2019. The Hang Seng Index increased by 18% in 2024.
The index cl...

Superior: Turkish Airlines Always Prioritizes Passenger Safety and Comfort, Taking Careful Action in This Regard

Foreks - Turkish Airlines (IS:THYAO) Chief Advisor Yahya Üstün stated, "Turkish Airlines always prioritizes the safety and comfort of its passengers and takes eve...

Tesla's Shanghai Energy Storage Factory Begins Trial Production

According to an announcement made by China on Tuesday, Tesla's energy storage gigafactory in Shanghai has begun trial production. The Shanghai energy storage supe...

Trive Investment: The Challenging Journey in a High-Interest Environment Will Last at Least Until the Second Half of 2025

Forex - In the evaluation made by Trive Investment, it was stated that "the challenging process in a high-interest environment will continue at least until the se...

Gold Price Faces Slight Dip Today but on Track for a 26% Annual Gain

Forex - Gold prices are on track for their best annual performance in over a decade. This morning, the price of gold per ounce showed a slight decline, yet it has...

Environmental Impact Assessment Process Initiated for OYAK Cement's Marble Quarry Capacity Expansion Project

The Environmental Impact Assessment (EIA) process has begun regarding the capacity increase project for the marble quarry planned by OYAK Cement. An announcement ...

Determined Sales Prices for Securities to be Implemented in 2025

Forex - The sale prices of securities to be applied in 2025 have been determined.
The communiqué prepared by the Ministry of Treasury and Finance has been publi...

Japan and the U.S. Team Up for AI Cyberattack Research

Investing.com -- According to information from Nikkei, Japan and the United States are preparing to collaborate on research regarding cyberattacks that utilize ar...

Chinese Electric Vehicle Manufacturer Xpeng Plans to Hire Over 6,000 Employees by 2025

Xpeng (NYSE:XPEV), the Chinese electric vehicle manufacturer, announced by its founder and CEO He Xiaopeng that they plan to hire over 6,000 employees by 2025. He...

Vail Resorts Shares Decline Due to Park City Strike Issues

Investing.com -- Vail Resorts Inc (NYSE:MTN) shares fell 6% on Monday, marking the largest intraday decline for the company in over three months. This drop occurr...

The Transition Period for All General Lighting Meters to OSOS Has Been Extended by One Year

Foreks - The transition period for all general lighting meters to the Automatic Meter Reading System (AMRS) has been postponed by one year.

The "Regulation on A...

British Pound Continues Decline on First Trading Day of the Year

The British pound continued its historical downward trend, recording a loss for the seventh consecutive year on the first trading day after the New Year. Deutsche...

Samsung Electronics Becomes the Largest Shareholder of South Korea's Rainbow Robotics

Foreks - Rainbow Robotics announced that Samsung Electronics has become the largest shareholder of the company. The statement indicated that Samsung, which had pr...

FBI Declares No Connection Between New Year's Attacks in New Orleans and Las Vegas

Investing.com -- The FBI has stated that there is no connection between the deadly attacks that occurred on New Year's in New Orleans and Las Vegas. FBI Assistant...

CMB Sets Tariff for Real Estate Valuation Services to Take Effect in 2025

The Capital Markets Board (CMB) has determined the tariff for real estate appraisal services to be applied in 2025. The CMB's decision on the "Minimum Fee Schedul...

Elon Musk Donates 268,000 Tesla Shares to Charities

Investing.com -- Tesla CEO Elon Musk donated 268,000 shares of his company to undisclosed charities, as revealed in a regulatory filing earlier this week. This do...

China's Manufacturing Sector PMI Signals Continued Growth, Supporting Oil Prices

Forex - The manufacturing PMI data released by the National Bureau of Statistics of China, remaining above the 50-point level, continues to indicate growth, leadi...

Citibank Maintains 2025 Target for S&P 500 at 6500, Signals AI Tailwinds

Citibank analysts have expressed a positive outlook for U.S. equities, setting a base case target of 6500 for the S&P 500 by 2025. This projection is based on exp...