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UPDATE - Turkish stocks down at Monday's close

UPDATE - Turkish stocks down at Monday's close
BIST 100 index loses 24.94 points from previous close, USD/TRY exchange rate stands at 7.6250

UPDATES WITH MORE FIGURES

By Aysu Bicer

ANKARA (AA) - Turkey's benchmark stock index ended Monday down 2.24% to close at 1,087.03 points.

After starting the week at 1,112.04 points, Borsa Istanbul's BIST 100 index fell 24.94 points from 1,111.96 points at Friday's close.

On Monday, the BIST 100 hovered between 1,100.15 and 1,115.14 points – 20 stocks on the index rose, 33 fell, and the rest were flat compared to the previous close.

Closing the day with a market value of some 817 billion Turkish liras ($108 billion), the benchmark index posted a daily trading volume of 16.8 billion Turkish liras ($2.20 billion).

The highest trading volumes were posted by iron/steel producer Kardemir and glass manufacturers Sise and Trakya Cam

Stocks of Sise Cam were the best performer, up 2.50%, while paper-carton producer Kartonsan dropped the most, losing 6.76%.

One ounce of gold sold for $1,921.35 by market close, slipping from $1,953.85, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent oil was $41.55 per barrel as of 6 p.m. local time (1500GMT) on Monday.


Exchange RatesFridayMonday
USD/TRY7.57407.6250
EUR/TRY8.9650
8.9620
GBP/TRY9.8480
9.8480


source: News Feed
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