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Turkey's Borsa Istanbul up at open

Turkey's Borsa Istanbul up at open
BIST 100 rises 0.88 pct; USD/TRY exchange rate falls to 3.80 while EUR/TRY exchange rate stays at 4.68

By Gokhan Ergocun

ANKARA (AA) - Turkey's stock exchange rose 0.88 percent, or 1,002.79 points, to 114,593.06 points on Monday.

On the first transaction day of the week, the banking and holding sector indices rose 1.08 percent and 0.80 percent, respectively.

While all sector indices started the day up, the sports sector index was the best performer, rising 1.94 percent.

On Friday, Borsa Istanbul's BIST 100 closed at 113,590.27, down 0.59 percent, or 673.26 points, with a 5.9-billion-Turkish lira ($1.55 billion) trade volume.

The U.S. dollar/Turkish lira exchange dropped to 3.8060 as of 09.30 a.m. local time (0630GMT) on Monday, from 3.8180 at Friday's close.

The euro/lira exchange rate stood at 4.6800 on Monday, compared to 4.6830 at previous close.

The price of Brent oil stood at $63.41 per barrel as of 9.00 a.m. local time (0600GMT) Monday, compared to $63.59 at last week's close.

source: News Feed
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