Turkey's Borsa Istanbul flat at open

BIST 100 index drops 30 points from previous close

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index declined 0.03% or 29.86 points to start Tuesday at 98,313.05 points.

On Monday, Borsa Istanbul's BIST 100 index surged 1.68% to close the day at 98,342.9 points with a daily trading volume of 6 billion Turkish liras ($1 billion).

The U.S. dollar/Turkish lira exchange rate rose to 5.8170 as of 9.30 a.m. local time (0630GMT) on Tuesday compared to 5.8090 at Monday's close.

The euro/Turkish lira exchange rate stood at 6.3680, versus 6.3750, and one British pound traded for 7.0040 Turkish liras, while it was 7.0130 at the previous close.

One barrel of Brent crude oil sold for around $58.59 as of 10 a.m. local time (0700GMT) on Tuesday.

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