Turkish stocks open week with strong loses

Turkish stocks open week with strong loses

BIST 100 index falls below 10,000 points at Monday opening

By Tuba Ongun

The Turkish benchmark stock index opened Monday at 9,769.69 points, dipping 6.72% or 703.807 points from the previous close.

On Friday, Borsa Istanbul's BIST 100 index sank 3.01% to 10,473.47 points with a daily transaction volume of 83 billion liras ($2.49 billion).

The US dollar/Turkish lira (USD/TRY) exchange rate was 33.3025 as of 7.54 a.m. local time (0654GMT), the EUR/TRY rate stood at 35.3576, and the GBP/TRY rate was 42.4508

The price of one ounce of gold was $2,467.25, and the barrel price of Brent oil was around $76.12

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