Turkish stock exchange closes week down

By Aysu Bicer

ANKARA (AA) - Türkiye's benchmark stock index ended Friday down by 0.26% or 11.57 to 4,455.53.

During the day, the index's lowest value was 4,428.35, points, while its daily high was 4,552.44.

The market value of the BIST 100 was around 3.5 trillion Turkish liras ($192 billion) at the close, with a trading volume of 101.7 billion liras ($5.5 billion).

Oil prices decreased during the week ending Nov. 11, as investors focus on risks on demand side in the US and China despite easing inflation concerns in the US and improvement in China’s COVID-19 restrictions.

International benchmark Brent crude traded at $96.35 per barrel on Friday for a 0.98% decrease from the opening price on Monday of $97.31 a barrel.

American benchmark West Texas Intermediate (WTI), trading at $89.22 per barrel at the same time, saw a 1.95% fall compared to Monday's opening at $91 a barrel.