Borsa Istanbul opens midweek down

By Aysu Bicer

ANKARA (AA) – Turkey’s benchmark stock index opened at 1,358.79 points on Wednesday, down 0.06% or 0.76 points from the previous close.

At Tuesday’s close, Borsa Istanbul’s BIST 100 index was up 0.77% to 1,359.55 points, with a daily trading volume of more than 11.04 billion Turkish liras ($1.29 billion).

The US dollar/Turkish lira exchange rate stood at 8.5550 as of 9:30 a.m. local time (0630GMT) on Wednesday, down from 8.5710 at the previous close.

The euro/Turkish lira exchange rate was down to 10.1050 from 10.1250, while one British pound traded for 11.9000 Turkish liras, versus 11.8960 at the previous close.

One barrel of Brent crude oil was sold for $73.97 as of 10 a.m. local time (0700GMT).