Turkish stocks end week up 0.54 pct

Turkish stocks end week up 0.54 pct

BIST 100 index surges 490.73 points from previous close, USD/TRY stands around 5.48

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's benchmark stock index ended the week up 0.54 percent to close at 91,687.04 points on Friday.

Starting the day at 91,503.26 points, Borsa Istanbul's BIST 100 index surged 490.73 points from the previous close.

One U.S. dollar traded for 5.4840 Turkish liras, versus Thursday's close of 5.4410.

The euro/lira rate was 6.3190 by market close, up from 6.2660 at the previous close.

One British pound traded for 7.0340 Turkish liras, as the GBP/TRY exchange rate was 6.9610 at Thursday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,292.50 at daily close, versus $1,293.00 at the previous close.

Hovering between $60.09 and $62.48 during the day, a barrel of Brent oil was sold for $60.70 as of 6.15 p.m. local time (1515GMT) on Friday.

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