Turkey's Borsa Istanbul up 1.27% at open

By Aysu Bicer

ANKARA (AA) – Turkey's benchmark stock index started the week at 116,262.12 points on Monday, up by 1.27%, or 1,453.56 points.

At Friday's close, Borsa Istanbul's BIST 100 index was down 0.85% at 114,808.56 points with a daily trading volume of 22.87 billion Turkish liras ($3.3 billion).

The US dollar/Turkish lira exchange rate stood at 6.8650 as of 9.30 a.m. local time (0630GMT), compared to 6.8670 at the previous close.

The euro/Turkish lira exchange rate rose to 7.7810 from 7.7680 and one British pound traded for 8.7090 Turkish liras, down from 8.7160 at the last week's close.

One barrel of Brent crude oil sold for around $42.97 as of 10 a.m. local time (0700GMT).