Turkish stocks end week 0.25% down

BIST 100 index falls 233.29 points from previous close, USD/TRY exchange rate stands around 5.97

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's benchmark stock index ended the week down 0.25% to close at 93,946.08 points on Friday.

After starting the day at 94,245.42 points, Borsa Istanbul's BIST 100 index fell 233.29 points from 94,179.37 points at Thursday's close.

On a weekly basis, the benchmark index posted a 0.88% decline, although it has climbed 5.72% from 88,865.01 points at the close on the first business day of 2019.

One ounce of gold was sold for $1,270.25 at the weekly close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,270.00 at Thursday's close.

The price of Brent oil was $71.19 per barrel as of 6 p.m. local time (1500GMT) on Friday -- with a day range of $69.97 to $71.25.

At the beginning of 2019, a barrel of Brent oil was sold for around $53.