Turkish stocks post strong gains at Monday's close

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index Borsa Istanbul on Monday surged 2.33% to hit an all-time high of 2,449.11 points at close.

After starting the day at 2,403.52 points, the BIST 100 index jumped 55.72 points from Friday's close of 2,393.39 points.

One ounce of gold traded for $1,965.00 by market close, up from $1,936.00 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil fell to $99.71 per barrel as of 6.03 p.m. local time (1503GMT) on Monday, down 2.99% from the previous close.