Turkey's Borsa Istanbul up over 1 pct at close

Turkey's Borsa Istanbul up over 1 pct at close

BIST 100 index climbs more than 1,100 points, while Turkish lira gains in value against foreign currencies

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index rose by 1.24 percent to close at 91,074.11 points on Tuesday.

Borsa Istanbul's BIST 100 index started the day at 89,695.14 points and lost 1,112.20 points from Monday's close of 89,961.91 points.

The U.S. dollar/Turkish lira exchange rate reached 5.3540 at close, down from Monday's close of 5.3770.

The euro/lira rate also dropped at close; 6.0920 versus 6.1060 at the previous close.

One British pound traded for 6.7940 Turkish liras, while the GBP/TRY rate was 6.8000 at close on Monday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,248.00 by market close, down from $1,240.30 a day ago.

The price of Brent crude oil dropped to $58.59 per barrel as of 6 p.m. (1500GMT) Tuesday, versus $60.01 at previous close.

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