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UPDATE - Turkey's Borsa Istanbul up at closing

UPDATE - Turkey's Borsa Istanbul up at closing
BIST 100 gains around 2 points as of Tuesday's closing


By Aysu Bicer

ISTANBUL (AA) - Turkey's benchmark stock index rose 0.19% to 1,123.25 points at the close on Tuesday.

After starting the day at 1,124.67 points, Borsa Istanbul's BIST 100 index gained 2.08 points from Monday's close of 1,121.17 points.

During the day, the index hovered between 1,112.39 and 1,132.27 points.

The total market value of the BIST 100 was around 831 billion Turkish liras ($107 billion) by market close, with a daily trading volume of 22.6 billion Turkish liras ($2.9 billion).

Shares of glass manufacturer Sise Cam, private lender Garanti BBVA and defense electronics firm Aselsan saw the highest trading volumes.

Stocks of Borusan Mannesmann, a prominent pipe manufacturer, posted the best performance, rising 9.96%, while shares of glass manufacturer Trakya Cam suffered the most, losing 5.88%.

One ounce of gold sold for $1,888.50 by market close, up from $1,864.75, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent oil was around $41.21 per barrel as of 6 p.m. local time (1500GMT) on Tuesday.

Exchange RatesMondayTuesday

source: News Feed
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