Turkey's Borsa Istanbul flat at open

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index rose by 0.04 percent or 35.74 points to open at 97,990.90 points on Tuesday.

On Monday, Borsa Istanbul's BIST 100 index closed at 97,955.16 points with a 0.51 percent drop and a daily trading volume of 8.23 billion Turkish liras ($1.54 billion).

The U.S. dollar/Turkish lira exchange rate stood at 5.3430 as of 9.30 a.m. local time (0630GMT), up from Monday's closing rate of 5.3360.

The euro/Turkish lira exchange rate also rose to 6.0710, versus 6.0660 at the last close. One British pound traded for 6.8950 Turkish liras, as the GBP/TRY exchange rate was 6.8820 by market close on Monday.

The price of Brent oil fell to $62.16 per barrel as of 10.00 a.m. local time (0700GMT) Tuesday, versus $62.74 at Monday's closing.