Turkish stocks end week with loss
BIST 100 index falls over 2,000 points from previous close, USD/TRY exchange rate stands around 5.57
By Muhammed Ali Gurtas
ANKARA (AA) - Turkey's benchmark stock index ended the week down 2.18% to close at 99,679.44 points on Friday.
Starting the day at 101,508.05 points, Borsa Istanbul's BIST 100 index fell 2,220.81 points from Thursday's close at 101,900.25 points.
On a weekly basis, the benchmark index posted a 3.07% decline. At the beginning of this year, the BIST 100 stood around 89,000 points.
An ounce of gold sold for $1,438.00 at the weekly close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,403.50 at the previous close.
The price of Brent oil was $62.43 per barrel as of 6:15 p.m. local time (1515GMT) on Friday -- hovering between $60.95 and $62.93 during the day.
At the beginning of 2019, a barrel of Brent oil sold for around $53.
Exchange Rates | Thursday | Friday |
USD/TRY | 5.5880 | 5.5790 |
EUR/TRY | 6.1830 | 6.1910 |
GBP/TRY | 6.7610 | 6.7630 |
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