Turkey's Borsa Istanbul up at open

Turkey's Borsa Istanbul up at open

BIST 100 index rises over 170 points from previous close

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index rose by 0.20% or 171.88 points to open at 86,943.35 points Tuesday.

On Monday, Borsa Istanbul's BIST 100 index decreased slightly by 0.03% to close at 86,771.47 points with a daily trading volume of 4.83 billion Turkish liras ($798 million).

The U.S. dollar/Turkish lira exchange rate rose to 6.0350 as of 9.30 a.m. local time (0630GMT), compared to Monday's closing rate of 6.0230.

The euro/Turkish lira exchange rate also increased slightly to 6.7310, versus 6.7270 at the previous close.

One British pound traded for 7.6870 Turkish liras, as the GBP/TRY exchange rate was 7.6800 at market close on Monday.

The price of Brent oil was around $72.20 per barrel as of 10.00 a.m. local time (0700GMT) on Tuesday.

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