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The canary is practically melting! Fenerbahçe, which lost to Galatasaray, also lost in the stock market.
The canary is practically melting! Fenerbahçe, which lost to Galatasaray, also lost in the stock market.

24.09.2024 11:40

In the 6th week of the Super League, Fenerbahçe, which lost 3-1 to Galatasaray, experienced a significant loss in value on the stock market following this defeat. The shares of the Yellow-Navy Blues fell from 132.7 TL to 120.4 TL on Monday after the match. This situation caused Fenerbahçe's market value to drop from 13.13 billion TL to 11.9 billion TL. On the other hand, the shares of Galatasaray, which emerged victorious from the derby, recorded a rapid increase, providing a return of 7.69% to its investors.

Fenerbahçe, which lost 3-1 to Galatasaray at home, also lost in the stock market. The shares traded under the code FENER, which closed at 132.7 TL last Friday, fell to 120.4 TL on Monday.

RECORD LOSS

According to a report in Akşam newspaper, Fenerbahçe, which experienced a 9.27% loss per share, saw its market value decline from 13.13 billion TL to 11.9 billion TL. The loss in value was approximately 1.2 billion TL.

Galatasaray, which emerged victorious from the derby, saw its shares experience a rapid increase at the opening on Monday. During the day, Galatasaray shares reached the ceiling price of 7.85, but closed slightly lower at 7.7, providing a return of 7.69% to its investors.


 
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