Turkey's Borsa Istanbul starts week 0.27% down

Turkey's Borsa Istanbul starts week 0.27% down

BIST 100 index decreases 272 points from Friday's close, USD/TRY exchange rate stands around 5.58

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index started the week down 0.27% or 272.49 points to open at 99,406.95 points on Monday.

On Friday, Borsa Istanbul's BIST 100 index slipped by 2.18% to close the week at 99,679.44 points with a daily trading volume of 5.62 billion Turkish liras ($1 billion).

The U.S. dollar/Turkish lira exchange rate was 5.5840 as of 9.30 a.m. local time (0630GMT) on Monday -- up from 5.5790 compared to Friday's close.

The euro/Turkish lira exchange rate stood at 6.2160, versus 6.1910, and one British pound traded for 6.7830 Turkish liras, compared to 6.7630.

One barrel of Brent oil was sold for $61.00 as of 10 a.m. local time (0700GMT) on Monday.

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