Stock market lost, gold gained in August
Stock market lost, gold gained in August
According to the analysis of the Turkish Statistical Institute (TURKSTAT), the highest real return in August was in gold bullion, while the BIST 100 index lost the most.
August was recorded as a month in which financial investment instruments other than the stock market and bonds provided real returns.
According to the analysis of the Turkish Statistical Institute (TURKSTAT), the highest monthly real return in August was realized in gold bullion with 4.82 percent when discounted by the domestic producer price index (D-PPI) and 4.01 percent when discounted by the consumer price index (CPI).
When deflated by D-PPI; while the euro, deposit interest (gross), 1.64 percent and dollar provided real returns to investors at the rates of 2.18 percent, 1.64 percent and 0.60 percent, government domestic debt securities (GDDS) lost 0.68 percent and BIST 100 index lost 10.07 percent.
When discounted by CPI, the euro and deposit interest (gross) yielded a real return of 1.40 percent and 0.86 percent, respectively, while the dollar lost 0.18 percent, government domestic debt securities (GDDS) 1.44 percent and BIST 100 index 10.76 percent.
English 
Turkish