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UPDATE - Turkey's Borsa Istanbul up 0.83% at close

UPDATE - Turkey's Borsa Istanbul up 0.83% at close
BIST 100 rises more than 850 points from previous close


By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index closed the day at 103,972.36 points on Tuesday, up 0.83% from the previous close.

Borsa Istanbul's BIST 100 index started the day at 103,452.32 points. As of the daily close, it rose 853.88 points from Monday's close of 103,118.48 points.

During Tuesday's trading, the index hovered between 103,452.32 points and 104,428.34 points.

The total market value of the BIST 100 was around 681.9 billion Turkish liras ($120 billion) by market close, and the daily trading volume was 9.8 billion Turkish liras ($1.7 billion).

On the second transaction day of the week, 58 stocks on the index rose, 36 were down, and six were flat compared to Monday.

The top-listed companies by market value were Turkish conglomerate Koc Holding and private lenders Garanti and Akbank.

The highest trading volumes were posted by national flag carrier Turkish Airlines, aviation company Pegasus, and defense giant Aselsan.

Casting producer Cemas was the best performer on Tuesday, with its shares up 11.82%, while stocks of energy company Isiklar dropped the most, down 13.04%

The price of one ounce of gold was around $1,455.60 by market close, down from $1,465.30 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $62.60 per barrel as of 6 p.m. (1500GMT) on Tuesday.

Exchange RatesMondayTuesday

source: News Feed
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