Turkey's BIST 100 stocks hit record level

Market rises 0.52 percent as US dollar/Turkish lira rate drops to 3.52

By Gokhan Ergocun

ANKARA (AA) - The Borsa Istanbul stock exchange opened 559.78 points up on Monday to reach 109,105.09 points, its highest ever value.

The BIST 100 jumped 0.52 percent to record its peak since opening in April 2013 -- the latest of several record highs this year.

The banking and holding sectors rose 0.62 percent and 0.42 percent respectively while the mining sector performed best, up 2.58 percent.

The wholesale and retail sector showed the day’s biggest drop, down 0.07 percent.

The BIST 100 reached to 108,545.31 points at Friday's close and the day saw total trading volume of 5 billion Turkish liras ($1.41 billion).

The U.S. dollar/Turkish lira exchange rate dropped to 3.5290 at 9.30 a.m. local time (0630GMT) on Monday, compared to 3.5370 at Friday’s close.

Kaynak:

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