Turkey's Borsa Istanbul rises over 1pct at close

Turkey's Borsa Istanbul rises over 1pct at close

BIST 100 index soars nearly 1,150 points from close of last week; US dollar/Turkish lira exchange rate stands at 5.3060

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index climbed 1.11 percent to close at 104,330.06 points on Monday.

Borsa Istanbul's BIST 100 index started the day at 103,874.99 points, up 1,144.36 points from last week's close of 103,185.70 points.

The U.S. dollar/Turkish lira exchange rate decreased to 5.3060 at close, down from Friday's close of 5.3260.

The euro/lira rate also fell to 6.0300 at Monday's close, versus 6.0430 at last week's close.

One British pound traded for 6.9500 Turkish liras, while the GBP/TRY rate was 6.9370 at close on Friday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,331.00 by market close, up from $1,324.00 the previous day.

The price of Brent oil was around $66.00 per barrel as of 6 p.m. local time (1500GMT) on Monday.

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