Turkey's benchmark stock index ends day with gains

Turkey's benchmark stock index ends day with gains

BIST 100 index goes up 0.76 pct at daily close, rising nearly 700 points from previous close

By Jeyhun Aliyev

ANKARA (AA) - Turkey's benchmark stock index closed Wednesday up 0.76 percent at 92,321.95 points with a total trading volume of around 11.5 billion Turkish liras ($2.4 billion).

On the third transaction day of the week, Borsa Istanbul's BIST 100 index ended the day with a 692.40-point hike from Tuesday's close at 91,629.55 points, while it started the day at 91,722.16 points.

The USD/TRY exchange rose slightly to 4.8180 as of 5 p.m. local time (1400GMT), up from 4.8140 at Tuesday's close.

The euro/lira exchange rate fell to 5.6060 by market close, versus 5.6310 at Tuesday's close, and one British pound traded for 6.2960 Turkish liras, while the GBP/TRY rate was 6.3510 at the previous close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,226.00 as of 4.30 p.m. local time (1330GMT) Wednesday, versus $1,241.70 at previous close.

As of 6.00 p.m. local time (1500GMT), the price of Brent oil rose slightly to $72.19 per barrel Wednesday, versus $72.03 on Tuesday's close, while it was around $66 at the beginning of this year.

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