Turkey's Borsa Istanbul down at close

Turkey's Borsa Istanbul down at close

BIST 100 index falls 0.74 percent at daily close, decreasing over 750 points from previous close

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's benchmark stock index closed Thursday down 0.74 percent at 101,138.08 points with a total trading volume of around 8.2 billion Turkish liras ($1.72 billion).

Borsa Istanbul's BIST 100 index ended the day with a 753.60-point decline from the previous close of 101,891.68 points, while it started the day at 103,027.12 points.

On Thursday, the USD/TRY exchange fell to 4.7580 as of 5 p.m. local time (1400GMT), down from 4.8390 at Wednesday's close.

The euro/lira exchange rate also declined to 5.5870 by market close, versus 5.6650 at Wednesday's close, and one British pound traded for 6.3930 Turkish liras, while the GBP/TRY rate was 6.4850 at the previous close.

The BIST Gold Exchange index rose 0.56 percent at the close. In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,299.20 as of 4.30 p.m. local time (1330GMT) Thursday, versus $1,292.00 at previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $79.14 per barrel -- hovering between $78.57 and $79.78 during the day -- while it was around $66 at the beginning of this year.

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