UPDATE - Borsa Istanbul down at weekly close

UPDATES WITH MORE DAILY FIGURES

By Yunus Girgin

ISTANBUL (AA) - Turkey's benchmark stock index was down 0.59% to end Friday at 1,542.45 points.

Starting the day at 1,550.03 points, Borsa Istanbul's BIST 100 index lost 9.12 points over Thursday's close of 1,551.57 points.

During the day, the index hovered between 1,525.93 and 1,555.59 points.

The total market value of the BIST 100 was around 1.16 trillion Turkish liras ($157 billion) by market close, with a daily trading volume of 28.8 billion Turkish liras ($3.9 billion).

On the last transaction day of the week, 44 stocks on the index rose and 56 fell compared to Thursday.

The highest trading volumes were posted by private lender Garanti BBVA, Turkish Industrial Development Bank, and automotive company Karsan.

State lender Halkbank was the best performer, with its shares up 9.56%, while stocks of carton producer Kartonsan dropped the most, losing 4.36%.

The price of one ounce of gold was $1,843.20 by market close, down from $1,865.35 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $55.40 per barrel as of 6.10 p.m. local time (1510GMT) on Friday.