Turkey's Borsa Istanbul down at close

Turkey's Borsa Istanbul down at close

BIST 100 index drops nearly 990 points from close of last week

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index fell 0.96 percent to close at 101,728.51 points on Monday.

Borsa Istanbul's BIST 100 index started the day at 102,866.81 points, down 986.50 points from last week's close of 102,715.01 points.

The U.S. dollar/Turkish lira exchange rate climbed to 5.3030 at close, up from Friday's close of 5.2720.

The euro/lira rate also rose to 6.0080 at Monday's close, versus 5.9380 at last week's close.

One British pound traded for 6.8560 Turkish liras, while the GBP/TRY rate was 6.7550 at close on Friday.

The price of Brent oil was around $66.50 per barrel as of 6 p.m. local time (1500GMT) on Monday.



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