Borsa Istanbul up at close

Borsa Istanbul rises nearly 580 points, Turkish lira gains value against foreign currencies

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index closed Wednesday up 0.62 percent at 93,287.16 points with a trading volume of around 7.5 billion Turkish liras ($1.37 billion).

Borsa Istanbul's BIST 100 index ended the day with a 578.60-point increase from Tuesday's close of 92,708.56 points, while it opened the day at 92,530.56 points.

The USD/TRY exchange rate dropped to 5.4610 as of 5 p.m. local time (1400GMT) Wednesday, compared with 5.5000 at Tuesday's close.

The euro/lira exchange rate also decreased to 6.1680 by market close, versus 6.2020 at the previous close, while the British pound/lira exchange rate reached 7.0820 Turkish liras, compared with 7.1330 at Tuesday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,201.80 as of 5.30 p.m. local time (1430GMT) Wednesday, up from 1,199.20 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $67.26 per barrel compared with $67.31 at the end of Tuesday.

Kaynak:

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