Borsa Istanbul down over 1% at close

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index dropped by 1.01% to close Monday at 98,673.28 points.

Borsa Istanbul's BIST 100 index started the day at 99,406.95 points. As of closing, it lost 1,006.16 points from the last week's close of 99,679.44 points.

The price of one ounce of gold was around $1,460.00 by market close, up from $1,438.00 at the previous close, according to Borsa Istanbul's Precious Metals and Diamond Markets data.

The price of Brent crude oil was around $60.50 per barrel as of 6 p.m. (1500GMT) Monday.