Turkey's Borsa Istanbul starts week looking up

Turkey's Borsa Istanbul starts week looking up

BIST 100 index rises over 1,200 points from previous close

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index rose 1.13% or 1,129.92 points on Monday to start the week at 100,898.07 points.

At Friday's close, Borsa Istanbul's BIST 100 index was up 0.58% at 99,768.15 points, with a daily trading volume of 11.1 billion Turkish liras ($1.6 billion).

The U.S. dollar/Turkish lira exchange rate slipped to 6.8680 as of 9.30 a.m. local time (0630GMT), versus 6.9150 at the previous close.

The euro/Turkish lira exchange rate fell to 7.4390, compared to 7.4940, and one British pound traded for 8.3480 Turkish liras. It was 8.4380 at last week's close.

One barrel of Brent crude oil sold for around $23.37 as of 10 a.m. local time (0700GMT).

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