Turkish stock exchange up at weekly open

By Gokhan Ergocun

ISTANBUL (AA) - The Turkish benchmark stock index opened Monday at 8,716.57 points, gaining 0.59% or 50.89 points versus the previous close.

On Friday's close, the BIST 100 index rose by 0.23% to the historically high closing level of 8,665.68 points with a daily transaction volume of 117 billion Turkish liras ($3.84 billion).

The US dollar/Turkish lira (USD/TRY) exchange rate was 30.5515 as of 10.10 a.m. local time (GMT0710), the EUR/TRY rate stood at 32.9520, while the GBP/TRY rate was 38.5340.

The price of one ounce of gold was $2,045.80, and the barrel price of Brent oil was around $77.60.