Turkish stocks hit new high at Wednesday's close

By Aysu Bicer

ANKARA (AA) – Turkey’s benchmark stock index hit a new all-time high on Wednesday, rising by 0.63% to close at 1,559.28 points.

Starting the day at 1,559.77 points, Borsa Istanbul’s BIST 100 index gained 9.75 points over Tuesday’s close of 1,549.53 points.

During the day, the index hovered between 1,545.26 and 1,567.88 points.

The total market value of the BIST 100 was around 1.1 trillion Turkish liras ($156 billion) by market close, with a daily trading volume of 36.7 billion Turkish liras ($5 billion).

The price of Brent crude oil was around $56.22 per barrel as of 6 p.m. local time (1500GMT) on Wednesday.