Turkey's Borsa Istanbul down at close

Turkey's Borsa Istanbul down at close

BIST 100 index goes down 2.37 percent, falling nearly 2,300 points from previous close

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's benchmark stock index ended Wednesday down 2.37 percent to close at 94,440.69 points.

Borsa Istanbul's BIST 100 index posted a 2,291.07-point drop from Tuesday's close of 96,731.76 points, while it started the midweek trading day at 97,070.15 points.

By market close, the U.S. dollar/Turkish lira exchange rate fell to 6.0380, while one dollar traded for 6.1390 liras at Tuesday's close.

The euro/lira rate was 6.9580, down from 7.0330 at the previous close, and the GBP/TRY exchange rate was 7.9760, versus 8.0240 at close on Monday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was $1,187.00 at Wednesday's close, while the price was $1,185.00 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at around $83.65 per barrel, hovering between $83.33 and $85.15 during midweek trading.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.

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