UPDATE - Turkey's Borsa Istanbul up at weekly close

UPDATE - Turkey's Borsa Istanbul up at weekly close

BIST 100 earns more than 790 points, while Turkish lira gains in value against foreign currencies

UPDATE WITH MORE DAILY FIGURES

By Gokhan Ergocun

ISTANBUL (AA) - Turkey's benchmark stock index rose by 0.78% to close Friday at 102,837.19 points.

Borsa Istanbul's BIST 100 index started the day at 102,272.12 points. As of closing, it gained 792.2 points from Thursday's close of 102,044.99 points.

The benchmark index hovered between 101,546.18 and 103,259.13 points during Friday's trading.

The total market value of the BIST 100 was around 684.7 billion Turkish liras ($120.1 billion) by market close, and the daily trading volume was 6.6 billion Turkish liras ($1.16 billion).

On the last transaction day of the week, 66 stocks on the index rose, 21 were down, and 13 were flat compared to the previous close.

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, Garanti and Akbank.

The day's best performer was frozen foods producer Kerevitas, with its shares up 5.80%, while stocks of real estate investment trust Ozderici dropped most, down 3.57%.

The price of one ounce of gold was around $1,418.00 by market close, down from $1,432.10 at the previous close, according to Borsa Istanbul's Precious Metals and Diamond Markets data.

The price of Brent crude oil was around $63.20 per barrel as of 6 p.m. (1500GMT) Friday.

Exchange RatesThursdayFriday
USD/TRY5.69905.6480
EUR/TRY6.38506.2900
GBP/TRY7.13907.0110


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