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Turkish stocks end day with gains

Turkish stocks end day with gains
BIST 100 goes up 0.61 pct at close, rising over 600 points from previous close

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index rose 0.61 percent to close Wednesday at 102,157.88 points with a trading volume of around 6.8 billion Turkish liras ($1.54 billion).

Borsa Istanbul's BIST 100 index ended the day with a 617.49 point hike from Tuesday's close of 101,540.39 points, while it opened the midweek trading day at 101,611.97 points.

The USD/TRY exchange fell to 4.4180 as of 5 p.m. local time (1400GMT) Wednesday, down from 4.4590 at Tuesday's close.

The euro/lira exchange rate dropped to 5.2160 by market close, versus 5.2740 at the previous close, while the British pound/lira exchange rate was flat at 5.9820, compared with 6.0100 at Tuesday's close.

The BIST Gold Exchange index ended the day with a 0.88 percent decrease. In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,285.10 as of 4.30 p.m. local time (1330GMT) Wednesday, compared with $1,296.50 at Tuesday's close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $78.12 per barrel -- hovering between $77.62 and $77.43 during the course of Wednesday -- up from around $66 at the beginning of 2018.

source: News Feed
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