Turkish stocks down at close

Turkish stocks down at close

BIST 100 index goes down 0.17 pct at daily close, decreasing nearly 154 points from previous close

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index closed Monday down 0.17 percent at 89,744.01 points with a total trading volume of around 7.5 billion Turkish liras ($1.5 billion).

Borsa Istanbul's BIST 100 index ended the day with a 153.65-point decrease from Friday's close at 89,897.67 points, while it started the week at 90,683.46 points.

On Monday, the USD/TRY exchange rate was 4.8390 as of 5 p.m. local time (1400GMT), slightly up from last week's close at 4.8330.

The euro/lira exchange rate stood at 5.6720 by market close, versus 5.6310 at Friday's close, and one British pound traded for 6.4290 Turkish liras, while the GBP/TRY rate was 6.3710 at the previous close.

As of 6.20 p.m. local time (1520GMT), the price of Brent oil stood at $72.60 per barrel -- hovering between $72.75 and $75.37 during the day.

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