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The Most Losing Stocks of the Week on the Stock Market

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The stock market dropped to below 9,000 points last week, with a decrease of nearly 7 percent. Karsan Otomotiv was the most losing stock of the week.

At Borsa Istanbul, the BIST 100 index ended the week with a 6.83 percent loss, closing at 9,109.34 points. The index saw a low of 8,850.42 and a high of 9,757.93 points during the week.

During the same period, the Borsa Istanbul Financial Index lost 8.52 percent to reach 10,451.60 points, the Services Index dropped 5.70 percent to 8,781.92 points, the Industrial Index decreased by 5.91 percent to 12,155.88 points, and the Technology Index saw a 1.65 percent loss at 12,520.09 points. Among the shares included in the BIST 100 index on Borsa Istanbul, Papilon Savunma saw the highest increase with 11.69 percent this week. It was followed by Oba Makarnacılık with 10.75 percent and Enerya Enerji with 9.63 percent. The most losing stocks among them were Karsan Otomotiv with 18.78 percent, Emlak Konut Gayrimenkul Yatırım Ortaklığı with 16.78 percent, and Odaş Elektrik with 16.32 percent. Garanti BBVA, with 485 billion 100 million Turkish liras, Koç Holding, with 447 billion 78 million Turkish liras, and Turkish Airlines, with 377 billion 775 million Turkish liras, were the most valuable companies with shares traded at Borsa Istanbul.

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