Turkish stocks sharply down at Thursday close

By Ovunc Kutlu

ANKARA (AA) – Turkiye's benchmark stock index closed with losses on Thursday, sharply down 8.17% to 1,851.38 points.

Starting the day at 2,049.74 points, Borsa Istanbul's BIST 100 index lost 164.65 points from Wednesday's close of 2,016.03 points.

One ounce of gold traded for $1,967.40 by market close, up from $1,896 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

Price of Brent crude oil was around $99.22 per barrel with a 5.5% daily gain as of 6.10 p.m. local time (1510GMT) on Thursday. The price of the international benchmark had a daily range of $94.38 to $102.23 per barrel.