Turkey's benchmark stock index up at open

BIST 100 index climbs nearly 350 points to open at 102,122.88 on last trading day of week

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index rose by 0.34 percent or 348.59 points to open at 102,122.88 points on Friday.

On Thursday, Borsa Istanbul's BIST 100 index climbed 1.63 percent to close at 101.774.29 points with a daily trading volume of 8.5 billion Turkish lira ($1.62 billion).

The U.S. dollar/Turkish lira exchange rate slightly rose to 5.2730 as of 9.30 a.m. local time (0630GMT), compared with Thursday's closing rate of 5.2700.

The euro/lira exchange rate stood at 5.9740 versus 5.9880 at the last close. One British pound traded for 6.9350 Turkish liras, as the GBP/TRY rate was 6.8940 by market close on Thursday.

The price of Brent oil increased to $61.76 per barrel as of 10.00 a.m. local time (0700GMT) Friday, versus $61.09 at Thursday's closing.

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