UPDATE - Turkish stocks go up at midweek close

UPDATE - Turkish stocks go up at midweek close

BIST 100 index rises 600 points from previous close

UPDATE WITH MORE DAILY FIGURES

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index ended the day up 0.62% to close at 101,143.742 points on Wednesday.

Starting the day at 100,672.39 points, Borsa Istanbul's BIST 100 index rose 618.42 points from 100,525.32 points at Tuesday's close.

During midweek trading, the BIST 100 hovered between 100,368.45 points and 101,598.90 points -- 63 stocks on the index rose, 29 fell and eight remained flat compared to the previous close.

Closing the day with a market value of nearly 686.2 billion Turkish liras ($119.8 billion), the benchmark index posted a daily trading volume of 7.5 billion Turkish liras ($1.3 billion).

By market capitalization, Turkish conglomerate Koc Holding, private lenders Garanti BBVA and Akbank were the top companies of BIST 100.

The shares of national flag carrier Turkish Airlines, defense company Aselsan, and major sports club Besiktas posted the highest trading volumes.

Shares of automotive company Dogus Otomotiv performed the best, rising 4.91%, as stocks of cement producer Afyon Cimento did the worst with a 5.63% drop.

An ounce of gold sold for $1,485.65 at the daily close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,502.00 at the previous close.

The price of Brent oil was around $63.17 per barrel as of 6 p.m. local time (1500GMT) on Wednesday.

Exchange RatesTuesdayWednesday
USD/TRY5.74305.7660
EUR/GBP6.37606.3900
GBP/TRY7.41507.4420




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