Turkish stocks up at open

Turkish stocks up at open

BIST 100 index rises 982.64 points from midweek close, USD/TRY exchange rate stands around 5.77

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's benchmark stock index started Thursday up 1.04% or 982.64 points to open at 95,226.70 points.

On Wednesday, Borsa Istanbul's BIST 100 index climbed 0.03% to close at 94,244.06 points with a daily trading volume of 7.41 billion Turkish liras ($1.26 billion).

The U.S. dollar/Turkish lira exchange rate was 5.7750 as of 9.30 a.m. local time (0630GMT) on Thursday, compared to 5.8340 at Wednesday's close.

The euro/Turkish lira exchange rate stood at 6,5260, versus 6.5450, and one British pound traded for 7.3540 Turkish liras, compared to 7.3840.

One barrel of Brent oil sold for $63.54 as of 10 a.m. local time (0700GMT) on Thursday.

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