Turkey's Borsa Istanbul down at close

Turkey's Borsa Istanbul down at close

BIST 100 index slips 1.69 pct, dropping nearly 1,732.98 points from previous close

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index closed Monday down 1.69 percent at 100,866.24 points with a trading volume of around 4.9 billion Turkish liras ($1.15 billion).

Borsa Istanbul's BIST 100 index ended the day with a 1,732.98-point drop from Friday's close of 102,794.16 points, while it opened the day at 102,575.19 points, down 0.02 percent.

The USD/TRY exchange stood at 4.2630 as of 5 p.m. local time (1400GMT) Monday, compared with 4.2470 at Friday's close.

The euro/lira exchange rate also stood at 5.0790 by market close, versus 5.0680 at the previous close, while the British pound/lira exchange rate rose to 5.7840 Turkish liras, compared with 5.7750 at last week's close.

The BIST Gold Exchange index fell 0.05 percent at close. In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,313.00 as of 4.30 p.m. local time (1330GMT) Monday, compared with $1,314.00 at Friday's close.

As of 5.30 p.m. local time (1430GMT), the price of Brent oil stood at $75.78 per barrel on the first transaction day's closing, compared with $74.87 at the end of Friday.

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