Turkish stocks down 0.51 pct at close

Turkish stocks down 0.51 pct at close

BIST 100 index falls nearly 500 points at close, USD/TRY stands below 5.35

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's benchmark stock index ended Monday down 0.51 percent to close at 97,955.16 points.

Opening the week at 98,627.47 points, Borsa Istanbul's BIST 100 index fell 499.71 points compared with the previous close.

As of the daily close, the U.S. dollar/Turkish lira exchange rate fell to 5.3360, down from 5.3570 at Friday's close.

The euro/lira exchange rate stood at 6.0660 at Monday's close, compared with 6.1060 at the previous close.

One British pound traded for 6.8820 Turkish liras, as the GBP/TRY exchange rate was 6.9450 at Friday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold was sold for $1,279.50 at the daily close, versus $1,286.35 at the previous close.

On Monday, the price of Brent oil was around $62.85 per barrel as of 6.20 p.m. local time (1520GMT), in a day-range of $62.25 to $63.13.

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