UPDATE - Turkey's Borsa Istanbul down at weekly close

UPDATE - Turkey's Borsa Istanbul down at weekly close

BIST 100 loses over 1,250 points at closing session on Friday

UPDATE WITH MORE DAILY FIGURES

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index closed the week at 121,015.14 points, down 1.04% from the previous close.

Borsa Istanbul's BIST 100 index started the day at 122,476.31 points. As of the daily close, it had lost 1,268.73 points from Thursday's close of 122,283.87 points.

During the day, the index's deepest level was 120,912.80 points, and the highest was 122,812.20 points.

The total market value of the BIST 100 was around 837.2 billion Turkish liras ($140 billion) by market close, with a daily trading volume of 11.36 billion Turkish liras ($1.9 billion).

On the last transaction day of the week, 24 stocks on the index rose, 74 were down, and two were flat compared to Thursday.

The highest trading volumes were posted by national flag carrier Turkish Airlines, insurance firm Gunes Sigorta, and iron/steel producer Kardemir.

Cement producer Bursa Cimento was the best performer, with its shares up 11.89%, while aviation company Pegasus dropped the most, down 3.97%.

The price of one ounce of gold was $1,566 by market close, up from $1,564.80 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $54.50 per barrel as of 6 p.m. (1500GMT) on Friday.

Exchange RatesThursdayFriday
USD/TRY5.98505.9950
EUR/TRY6.58206.5650
GBP/TRY7.78107.7660


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