UPDATE - Turkey's Borsa Istanbul up at Tuesday close

UPDATES WITH MORE DETAILS

By Yunus Girgin

ISTANBUL (AA) – Turkey's benchmark stock index closed Tuesday at 1,549.15 points, up 1.23%.

Starting the day at 1,542.04 points, Borsa Istanbul’s BIST 100 index increased 18.88 points from Monday’s close of 1,530.27 points.

During the day, the index hovered between 1,534.99 and 1,553.23 points – 70 stocks on the index rose, 27 fell, and three were flat compared to Monday’s close.

The total market value of the BIST 100 was around 1.17 trillion Turkish liras ($155 billion) by market close, with a daily trading volume of 26.1 billion Turkish liras ($3.42 billion).

Stocks of polyester producer Sasa climbed the most, up 10%, while the sharpest drop of 8.24% was seen in shares of IT company Indeks Bilgisayar.

The highest trading volumes were posted by private lender Garanti, national flag carrier Turkish Airlines, and chemical giant Petkim.

The price of one ounce of gold was $1,696.00 by market close, up from $1,693.00 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $67.90 per barrel as of 6:15 p.m. local time (1515GMT) on Tuesday.