Turkey's Borsa Istanbul down at closing session

BIST 100 index drops by over 1,200 points, while Turkish lira gains value against foreign currencies

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index closed Tuesday at 94,727.67 points, down 1.27 percent.

Borsa Istanbul's BIST 100 index dropped 1,220.06 points from Monday's close of 95,947.73 points, while it started the day at 96,146.78 points.

The U.S. dollar/Turkish lira exchange rate dropped to 5.3530 as of 5 p.m. local time (1400GMT) Tuesday, down from 5.4050 at the close on Monday.

One euro traded for 6.1170 Turkish liras at close, down from 6.1590 at the previous close.

By market close, the GBP/TRY exchange rate was 7.0060, versus 7.0510 at Monday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,236.00, up from the previous close of $1,230.00.

As of 6 p.m. local time (1500GMT), the price of Brent oil fell to $72.81 per barrel, compared with $73.38 at Monday's close.

Kaynak:

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