Turkish stocks slip over 1% at close

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index closed the day at 118,042.00 points on Tuesday, down 1.04% from the previous close.

After starting the day at 120,170.89 points, Borsa Istanbul's BIST 100 index slipped 1,238.87 points from 119,280.87 points at Monday's close.

One ounce of gold sold for $1,827.60 by market close, up from $1,810.40 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $44.81 per barrel as of 6 p.m. (1500GMT) on Tuesday, with a day range of $43.19 to $44.88

At the beginning of this year, a barrel of Brent oil sold for around $58.