Borsa Istanbul up at closing session

Borsa Istanbul up at closing session

Borsa Istanbul rises over 750 points, while Turkish lira lost value against foreign currencies

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index closed Wednesday up 0.81 percent at 95,493.30 points with a trading volume of around 7.3 billion Turkish liras ($1.35 billion).

Borsa Istanbul's BIST 100 index ended the day with a 765.63-point increase from Tuesday's close of 94,727.67 points, while it opened the day at 94,648.02 points.

The USD/TRY exchange rate rose slightly to 5.3650 as of 5 p.m. local time (1400GMT) Wednesday, compared with 5.3530 at Tuesday's close.

The euro/lira exchange rate also increased to 6.1630 by market close, versus 6.1170 at the previous close, while the British pound/lira exchange rate reached 7.0630 Turkish liras, compared with 7.0060 at Tuesday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,236.00 as of 5.30 p.m. local time (1430GMT) Wednesday, stood same with the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil dropped to $72.41 per barrel at the week's closing, compared with $72.87 at the end of Tuesday.

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