Turkey's Borsa Istanbul starts week up

Turkey's Borsa Istanbul starts week up

BIST 100 index surges over 2,100 points from Friday's close, USD/TRY exchange rate stands at around 5.68

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index started the week up 2.26% or 2,177.53 points to open at 98,662.85 points on Monday.

On Friday, Borsa Istanbul's BIST 100 index rose 0.95% to close the week at 96,485.32 points with a daily trading volume of 5.6 billion Turkish liras ($973 million).

The U.S. dollar/Turkish lira exchange rate was 5.6790 as of 9.30 a.m. local time (0630GMT) on Monday, down from 5.7660 at Friday's close.

The euro/Turkish lira exchange rate stood at 6.4390, versus 6.5670, and one British pound traded for 7.2170 Turkish liras, compared to 7.3180.

One barrel of Brent oil was sold for $66.48 as of 9.50 a.m. local time (0650GMT) on Monday.

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