Turkey's Borsa Istanbul down over 1 pct at close

Turkey's Borsa Istanbul down over 1 pct at close

BIST 100 index drops 1,170 points from close of Wednesday

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index fell 1.13 percent to close at 102,282.68 points on Thursday.

Borsa Istanbul's BIST 100 index started the day at 103,853.39 points, down 1,170.17 points from Wednesday's close of 103,452.85 points.

The U.S. dollar/Turkish lira exchange rate climbed to 5.4370 at close, up from Wednesday's close of 5.4210.

The euro/lira rate also dropped to 6.1280 at Thursday's close, versus 6.1330 at last week's close.

One British pound traded for 7.1540 Turkish liras, while the GBP/TRY rate was 7.1360 at close on Wednesday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,288.50 by market close, up from $1,287.30 at the previous close.

The price of Brent oil was around $65.90 per barrel as of 6 p.m. local time (1500GMT) on Thursday.

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