Turkey's Borsa Istanbul down at weekly close

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index closed the week at 98,987.48 points on Friday, down 1.29%.

Borsa Istanbul's BIST 100 index started the day at 100,165.74 points. As of the close, it had lost 1,089.99 points from the previous close of 100,077.47 points.

On a weekly basis, the index rose 2.3% at Friday's closing, compared to 96,714.48 points at last week's closing session.

The price of one ounce of gold was around $1,504.75 by market close, up from 1,538.00 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $60.20 per barrel as of 6 p.m. (1500GMT) on Friday.