Turkey's Borsa Istanbul up at close

Turkey's Borsa Istanbul up at close

BIST 100 index rises 0.84 pct; Turkish lira gains ground

By Jeyhun Aliyev

ANKARA (AA) - Turkey's benchmark stock index closed the week up 0.84 percent at 95,852.11 points with a total trading volume of around 4.9 billion Turkish liras ($1.04 billion).

Borsa Istanbul's BIST 100 index ended the day with a 794.87-point hike from the previous close of 95,057.23 points, while it started the day at 95,517.18 points.

On Friday, the USD/TRY exchange fell to 4.6950 as of 5 p.m. local time (1400GMT), versus 4.7380 at Thursday's close.

The euro/lira exchange rate decreased to 5.4720 by market close, compared with 5.4950 at Thursday's close, and one British pound traded for 6.2310 Turkish liras, while the GBP/TRY rate was 6.2880 at the previous close.

The BIST Gold Exchange index rose 0.30 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) Friday, versus $1,266.25 at previous close.

As of 6.15 p.m. local time (1515GMT), the price of Brent oil stood at $74.66 per barrel -- hovering between $73.04 and $75.32 during the day -- while it was around $66 at the beginning of this year.

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