Turkey's Borsa Istanbul up at opening session

Turkey's Borsa Istanbul up at opening session

BIST 100 index gains over 1.63 points from previous close

By Aysu Bicer

ANKARA (AA) - Turkey's benchmark stock index was slightly up at 1,137.17 points in Thursday's open with an increase of 0.14%.

At Wednesday's close, Borsa Istanbul's BIST 100 index was down 1.49% at 1,135.55 points with a daily trading volume of 23.9 billion Turkish liras ($3.4 billion).

The stock exchange will trade half-day Thursday due to Eid al-Adha's, the Islamic feast of sacrifice. Markets are also closed for Friday and Monday.

The US dollar/Turkish lira exchange rate, meanwhile, rose to 6.9760 as of 9.30 a.m. local time (0630GMT), compared to 6.9700 at previous close.

The euro/Turkish lira exchange rate dropped to 8.1980 from 8.2100, while British pound traded for 9.0560 Turkish liras, down from 9.2070 .

One barrel of Brent crude oil sold for around $44 as of 10 a.m. local time (0700GMT).

At the beginning of this year, a barrel of Brent oil sold for around $58.

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