Turkish stocks down 0.63 pct at close

Turkish stocks down 0.63 pct at close

BIST 100 index falls some 566 points from previous close, US dollar/Turkish lira exchange rate stands around 5.3770

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index closed Monday down 0.63 percent at 89,961.91 points.

Starting the day at 90,595.64 points, Borsa Istanbul's BIST 100 index went down 566.73 points from last week's close at 90,528.64 points.

One U.S. dollar traded for 5.3770 Turkish liras at daily close, while the USD/TRY exchange rate was 5.3930 at close on Friday.

The euro/Turkish lira exchange rate was 6.1060, versus 6.0840 at the previous close.

One British pound traded for 6.8000 Turkish liras, down from Friday's close of 6.7770.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,240.30 by market close, up from $1,239.00 at the previous close.

Hovering between $60.11 and $61.21 during the day, the price of Brent oil was around $60.49 per barrel as of 6.00 p.m. local time (1500GMT) Monday.

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