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Turkey's Borsa Istanbul down over 1-pct at close

Turkey's Borsa Istanbul down over 1-pct at close
BIST 100 index drops more than 1,100 points, USD/TRY exchange rate rises to around 5.37

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index dropped by 1.22 percent to close at 92,827.29 points on Thursday.

Borsa Istanbul's BIST 100 index started the day at 93,506.84 points and lost 1,142.87 points from Wednesday's close of 93,970.16 points.

The U.S. dollar/Turkish lira exchange rate reached 5.3690 at close, up from Wednesday's close of 5.3120.

The euro/lira rate also increased at close; 6.1130 versus 6.0360 at the previous close.

One British pound was traded for 6.8620 Turkish liras, while the GBP/TRY rate was 6.7970 at close on Wednesday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,236.75 by market close, down from $1,238.20 a day ago.

Brent crude oil price was $60.02 per barrel as of 6 p.m. (1500GMT) Thursday, versus $62.39 at previous close.

source: News Feed
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