Turkey's Borsa Istanbul stocks down at close

Turkey's Borsa Istanbul stocks down at close

BIST 100 index drops 697.32 points from Monday's close, US dollar/Turkish lira exchange rate was almost flat at 5.2920

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index fell by 0.76 percent to close at 90,829.57 points on Tuesday.

Borsa Istanbul's BIST 100 index started the day at 90,980.02 points and lost 697.32 points from Monday's close of 91,526.90 points.

The U.S. dollar/Turkish lira exchange rate was almost flat at 5.2920 by market close, compared to Monday's close of 5.2950.

The euro/lira rate dropped at close; 6.0460 versus 6.0520 at the previous close.

One British pound traded for 6.7250 Turkish liras, while the GBP/TRY rate was 6.7290 at close on Monday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,268.00 by market close, up from $1,250.25 a day ago.

The price of Brent crude oil dropped to $50.73 per barrel as of 6 p.m. (1500GMT) Tuesday, versus $54.10 at previous close.

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