Turkey's Borsa Istanbul goes up in opening session

BIST 100 rises 0.62 percent; US dollar/Turkish lira exchange rate decreases to 3.9130 compared to previous close

By Diyar Guldogan

ANKARA (AA) - Turkey's stock exchange rose 0.62 percent, or 723.87 points, to open at 118,375.16 points on Thursday.

Among all sector indices, the wood paper printing sector index posted the best performance, up 3.05 percent, while the metal products machine index was the worst, down 0.11 percent.

The BIST banking index and the BIST holding index rose by 0.83 percent and 0.81 percent, respectively.

On Wednesday, Borsa Istanbul's BIST 100 index closed at 117,651.30, rising by 1.05 percent, with a 6.75 billion-Turkish lira ($1.72 billion) trade volume.

The U.S. dollar/Turkish lira exchange decreased to 3.9130 as of 9.30 a.m. local time (0630GMT) on Thursday. It was 3.9290 at Wednesday's close.

The euro/lira exchange rate rose to 4.8350, compared with Wednesday's close of 4.8280.

The price of Brent oil was $ 69.38 per barrel as of 10 a.m. local time (0700GMT) Thursday.

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