Turkish stocks up at Tuesday opening

Turkish stocks up at Tuesday opening

BIST 100 index up nearly 9 points from previous close

By Tuba Sahin

ANKARA (AA) – Turkey’s benchmark stock index opened at 1,400.84 points on Tuesday, rising by 0.64% or 8.93 points from the previous close.

At Monday’s close, Borsa Istanbul's BIST 100 index fell 1.94% to 1,391.91 points, with a daily trading volume of 11.6 billion Turkish liras ($1.3 billion).

The US dollar/Turkish lira exchange rate fell to 8.6300 as of 9.30 a.m. local time (0630GMT) on Tuesday from 8.6660 at the previous close.

The euro/Turkish lira exchange rate stood at 10.1280 versus 10.1550, while one British pound traded for 11.8200 Turkish liras, down from 11.8700.

One barrel of Brent crude oil sold for around $74.75 as of 10 a.m. local time (0700GMT).

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