Turkey's Borsa Istanbul up nearly 1-pct at close

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index rose by 0.94 percent to close at 93,699.49 points on Friday.

Borsa Istanbul's BIST 100 index started the day at 93,521.18 points and lost 872.2 points from Thursday's close of 92,827.29 points.

The U.S. dollar/Turkish lira exchange rate reached 5.2940 at close, down from Thursday's close of 5.3690.

The euro/lira rate also decreased at close; 6.0280 versus 6.1130 at the previous close.

One British pound traded for 6.7640 Turkish liras, while the GBP/TRY rate was 6.8620 at close on Thursday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,241.80 by market close, up from $1,236.75 a day ago.

The price of Brent crude oil was $62.99 per barrel as of 6 p.m. (1500GMT) Friday, versus $60.22 at previous close.

It was hovering at level of $59-60 during the day before Organization of Petroleum Exporting Countries' (OPEC) decision to decrease daily oil production.