Turkish stocks hit eight-month high at daily close

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index Tuesday posted its eight-month highest close at 104,098.37 points.

Borsa Istanbul's BIST 100 climbed 2.77 percent or 2,808.61 points at Tuesday's close.

The index started the day at 101,358.82 points, slightly up some 70 points from Monday's close of 101,289.75 points.

The U.S. dollar/Turkish lira exchange rate was 5.3050 at close, down from Monday's close of 5.3130.

The euro/lira rate fell to 6.0640 at Tuesday's close, versus 6.0710 at the previous close.

One British pound traded for 7.0030 Turkish liras, while the GBP/TRY rate was 7.0040 at close on Monday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,308.10 by market close, up from $1,301.35 the previous day.

The price of Brent crude oil rose to $61.31 per barrel as of 6 p.m. (1500GMT) Tuesday, versus $59.81 at the previous close.