Turkey's Borsa Istanbul up over 1.5 pct at close

BIST 100 index gains over 1,600 points, while Turkish lira gains in value against foreign currencies

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index climbed 1.69 percent to close at 98,454.88 points on Friday.

Borsa Istanbul's BIST 100 index started the day at 97,192.90 points, gaining 1,637.52 points from Thursday's close of 96,817.36 points.

The U.S. dollar/Turkish lira exchange rate was 5.3570 at close, down from Thursday's close of 5.3750.

The euro/lira rate increased to 6.1060 at Friday's close, versus 6.1360 at the previous close.

One British pound traded for 6.9450 Turkish liras, while the GBP/TRY rate was 6.9600 at close on Thursday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,286.35 by market close, down from $1,295.25 the previous day.

The price of Brent crude oil stood at around $62.20 per barrel as of 6 p.m. (1500GMT) Friday, versus $60.54 at the previous close.


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