Turkey's Borsa Istanbul up at close

Turkey's Borsa Istanbul up at close

BIST 100 index rises 1.05 percent at close; foreign currency exchange rates climb

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index closed Tuesday up 1.05 percent at 103,327.74 points with a trading volume of around 6.3 billion Turkish liras ($1.35 billion).

Borsa Istanbul's BIST 100 index ended the day with a 1,070.09-point increase from the previous close of 102,257.65 points, while it opened the day at 102,718.04 points, up 0.45 percent.

The USD/TRY exchange rose to 4.6350 as of 5 p.m. local time (1400GMT) Tuesday, up from 4.5920 at Monday's close.

The euro/lira exchange rate also increased to 5.46 by market close, versus 5.4010 at the previous close, and one British pound was traded at 6.2470 Turkish liras, compared with 5.1760 at Monday's close.

The BIST Gold Exchange index rose by 0.99 percent at the close. In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,295.70 as of 4.30 p.m. local time (1330GMT) Tuesday, compared with $1,283 at previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $80.37 per barrel -- hovering between $79.34 and $80.36 during the course of Tuesday -- up from around $66 at the beginning of 2018.

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