Turkish stocks up 0.40 pct at close

Turkish stocks up 0.40 pct at close

BIST 100 index rises 366.80 points from previous close, USD/TRY stands below 5.50

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's benchmark stock index went up 0.40 percent to close at 92,053.84 points on Monday.

Starting the first business day of the week at 90,825.39 points, Borsa Istanbul's BIST 100 index rose 366.80 points from the previous close.

By market close, the U.S. dollar/Turkish lira exchange rate was 5.4950, compared with last week's close of 5.4840.

The euro/lira rate was 6.2960 at Monday's close, versus 6.3190 at the previous close.

One British pound traded for 7.0760 Turkish liras, as the GBP/TRY exchange rate was 7.0340 at Friday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,296.00 at the daily close, up from $1,292.50 at the previous close.

After hovering between $59.27 and $61.03 during the day, a barrel of Brent oil sold for $60.27 as of 6.15 p.m. local time (1515GMT) on Monday.

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