UPDATE - Turkey's Borsa Istanbul down at close

UPDATE WITH MORE DAILY FIGURES

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index closed the day at 101,859.28 points on Tuesday, dropping 1.10% from the previous close.

Borsa Istanbul's BIST 100 index started the day at 102,269.58 points. As of daily close, it lost 1,133.92 points from Monday's close of 102,993.20 points.

During Tuesday's trading, the index's lowest level was 100,656.34 points and the highest was 102,817.20 points.

The total market value of the BIST 100 was around 682.7 billion Turkish liras ($119 billion) by market close, and the daily trading volume was 12.4 billion Turkish liras ($2.1 billion).

On the second transaction day of the week, 16 stocks on the index rose, while 84 were down, compared to Monday.

The top-listed companies by market value were Turkish conglomerate Koc Holding and private lenders Garanti and Akbank.

The highest trading volumes were posted by national flag carrier Turkish Airlines, Garanti, and state lender Halkbank.

Conglomerate Alarko Holding was the best performer on Tuesday, with its shares up 4.44%, while stocks of another conglomerate Ittifak Holding dropped the most, down 20%.

The price of one ounce of gold was around $1,504.90 by market close, up from $1,501.00 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $58.10 per barrel as of 6 p.m. (1500GMT) on Tuesday.