Turkey's Borsa Istanbul starts midweek up

Turkey's Borsa Istanbul starts midweek up

BIST 100 index rises over 390 points from previous close

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index rose 0.40% or 395.12 points on Wednesday to start the day at 98,944.92 points.

At Tuesday's close, Borsa Istanbul's BIST 100 index was up 2.23% at 98,549.80 points, with a daily trading volume of 15.3 billion Turkish liras ($2.2 billion).

The U.S. dollar/Turkish lira exchange rate rose to 6.8320 as of 9.30 a.m. local time (0630GMT) on Wednesday, versus 6.7960 at the previous close.

The euro/Turkish lira exchange rate increased to 7.4900, compared to 7.4530, and one British pound traded for 8.5980 Turkish liras, versus 8.5790 on Tuesday's close.

One barrel of Brent crude oil sold for around $29.09 as of 10 a.m. local time (0700GMT) on Wednesday.

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