Turkey's Borsa Istanbul up at close

Turkey's Borsa Istanbul up at close

BIST 100 index rises 0.12 pct; US dollar/Turkish lira exchange rate stands at 4.7420

By Jeyhun Aliyev

ANKARA (AA) - Turkey's benchmark stock index closed the midweek trading day up 0.12 percent at 94,551.86 points with a total trading volume of around 5.9 billion Turkish liras ($1.2 billion).

Borsa Istanbul's BIST 100 index ended the day with a 114.99-point hike from the previous close of 94,436.87 points, while it started the day at 94,296.01 points.

On Wednesday, the USD/TRY exchange was 4.7420 as of 5 p.m. local time (1400GMT), versus 4.7500 at Tuesday's close.

The euro/lira exchange rate decreased slightly to 5.4910 by market close, down from 5.4970 at Tuesday's close, and one British pound traded for 6.2680 Turkish liras, while the GBP/TRY rate was 6.2710 at the previous close.

The BIST Gold Exchange index fell 0.17 percent at the close. In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,270.00 as of 4.30 p.m. local time (1330GMT) Wednesday, versus $1,272.20 at previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $74.91 per barrel -- hovering between $74.85 and $75.87 during the day -- while it was around $66 at the beginning of this year.

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