Turkey's Borsa Istanbul flat at close

Borsa Istanbul drops slightly by 0.09 percent, Turkish lira gains value against foreign currencies

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index closed Thursday down 0.09 percent at 92,628.80 points with a trading volume of around 4.6 billion Turkish liras (around $869.8 million).

Borsa Istanbul's BIST 100 index ended the day with a 79.15-point decrease from Wednesday's close of 92,707.95 points, while it opened the day at 92,723.34 points.

The USD/TRY exchange rate dropped to 5.2950 as of 5 p.m. local time (1400GMT) Thursday, compared with 5.3180 at Wednesday's close.

The euro/lira exchange rate also decreased to 6.0490 by market close, versus 6.0670 at the previous close, while the British pound/lira exchange rate reached 6.8310 Turkish liras, compared with 6.8170 at Wednesday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,228.80 as of 5.30 p.m. local time (1430GMT) Thursday, up from 1,224.25 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $63.30 per barrel compared with $63.48 at the end of Wednesday.

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