Turkey's Borsa Istanbul starts week up

BIST 100 index rises 0.29 percent from close of last week; US dollar/Turkish lira exchange rate stands at 5.3810

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index went up 0.29 percent or 297.52 points to open at 103,564.09 points on Monday.

On Friday, Borsa Istanbul's BIST 100 index ended the week down 1.21 percent at 103,266.58 points with a daily trading volume of 6.77 billion Turkish liras ($1.26 billion).

The U.S. dollar/Turkish lira exchange rate stood at 5.3810 as of 9.30 a.m. local time (0630GMT) Monday, compared to 5.3890 at the last close.

The euro/Turkish lira rate was 6.1200, versus 6.1380 at Friday's close, and one British pound was exchanged for 7.1405 Turkish liras, slightly down from 7.1420.

One barrel of Brent oil was sold for $65.27 as of 10.00 a.m. local time (0700GMT) Monday.

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