Turkish stocks end week 0.87% down

Turkish stocks end week 0.87% down

BIST 100 index falls 844.53 points from Thursday's close, USD/TRY exchange rate stands around 5.57

By Muhammed Ali Gurtas and Aysu Bicer

ANKARA (AA) - Turkey's benchmark stock index ended the week down 0.87% to close at 95,734.17 points on Friday.

Starting the day at 97,199.04 points, Borsa Istanbul's BIST 100 index fell 844.53 points from Thursday's close at 96,578.70 points.

On a weekly basis, the benchmark index posted a 3.69% decline. At the beginning of this year, the BIST 100 stood around 89,000 points.

An ounce of gold was sold for $1,512.10 at the weekly close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,512.00 at the previous close.

The price of Brent oil was $58.55 per barrel as of 6.15 p.m. local time (1515GMT) on Friday -- hovering between $58.28 and $59.49 during the day.

At the beginning of 2019, a barrel of Brent oil was sold for around $53.

Exchange RatesThursdayFriday
USD/TRY5.5750
5.5730
EUR/TRY6.2060
6.1750
GBP/TRY6.7740
6.7890


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