Turkey's Borsa Istanbul down at close

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index closed the day at 105,382.42 points on Monday, down 1.13% from the previous close.

Borsa Istanbul's BIST 100 index started the day at 107,193.15 points. As of the daily close, it lost 1,205.99 points from the last week's close of 106,588.41 points.

During Monday's trading, the index hovered between 105,222.12 points and 107,845.98 points.

The total market value of the BIST 100 was around 716 billion Turkish liras ($125.8 billion) by market close, and the daily trading volume was 10.5 billion Turkish liras (some $1.84 billion).

On the first transaction day of the week, 26 stocks on the index rose, 69 were down, and five were flat compared to Friday.

The top-listed companies by market value were Turkish conglomerate Koc Holding and private lenders Garanti and Akbank.

The highest trading volumes were posted by national flag carrier Turkish Airlines, Garanti, and iron/steel producer Kardemir.

Prominent sports club Besiktas was the best performer with its shares up 8.68%, while shares of Eczacibasi Ilac, active in the pharmaceutical industry, dropped the most, down 4.40%.

The price of one ounce of gold was around $1,458.55 by market close, down from $1,471.75 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $62.20 per barrel as of 6 p.m. (1500GMT) on Monday.