Turkey's Borsa Istanbul up at opening

Turkey's Borsa Istanbul up at opening

BIST 100 index rises 0.55 pct while US dollar/Turkish lira rate stands at 3.49

By Dilara Zengin

ANKARA (AA) - Turkey's benchmark stock index started the day with a 543.40-point or 0.55 percent increase to open at 98,735.95 points on Monday.

The banking and holding sector indices rose by 0.53 and 0.60 percent, respectively.

Among all sectors, the mining sector index was the best performer with a 2.40-percent rise, while all sector indices went up.

On Friday's close, the BIST 100 was down 544.46 points or 0.55 percent to reach 98,192.55 points, with a total trading volume of 3.5 billion Turkish liras (approximately $996 million).

The U.S. dollar/Turkish lira exchange rate fell to 3.4980 at 9.30 a.m. local time (0630GMT) Monday, compared with 3.5120 at Friday’s close.

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