Turkey's benchmark stock index rises at open

Turkey's benchmark stock index rises at open

BIST 100 index up 0.22 pct compared to Thursday's close, US dollar/Turkish lira exchange rate stands at around 5.29

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index increased 0.22 percent or 199.30 points to open at 91,174.09 points on Friday.

On Thursday, Borsa Istanbul's BIST 100 index dropped 0.03 percent to close the day at 90,974.79 points with a daily trading volume of 3.7 billion Turkish lira ($700 million).

The U.S. dollar/Turkish lira exchange rate was 5.2890 as of 9.30 a.m. local time (0630GMT), slightly up from Thursday's closing rate of 5.2860.

The euro/lira exchange rate was 6.0660, versus 6.0320 at the last close. One British pound was exchanged for 6.7140 Turkish liras, as the GBP/TRY exchange rate was 6.6970 by market close on Thursday.

The price of Brent oil was around $53.84 per barrel as of 09.50 a.m. local time (0650GMT) Friday.

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