UPDATES WITH MORE DAILY FIGURES
By Muhammed Ali Gurtas
ANKARA (AA) - Turkey's benchmark stock index ended the day down 0.45% to close at 102,993.20 points on Monday.
Starting the week at 103,294.05 points, Borsa Istanbul's BIST 100 index dropped 470.32 points from 103,463.52 points at Friday's close.
On a weekly basis, the benchmark index posted a 1.49% hike last week. At the beginning of this year, the BIST 100 stood around 89,000 points.
During Monday's trading, the BIST 100 hovered between 102,571.71 points and 105,176.23 points -- 32 stocks on the index rose, 59 fell, and nine were flat compared to the previous close.
Closing the day with a market value of 690 billion Turkish liras ($121 billion), the benchmark index posted a daily trading volume of 11.87 billion Turkish liras ($2.06 billion).
By market capitalization, Turkish conglomerate Koc Holding ($8.44 billion), private lenders Garanti BBVA ($7.17 billion) and Akbank ($7 billion) were the top companies of BIST 100.
Shares of national flag carrier Turkish Airlines, Garanti BBVA, and state lender Halkbank saw the highest trading volumes on Monday -- accounting for 43.7% of the benchmark index's total trade volume.
Shares of conglomerate Ittifak Holding (ITTFH) performed the best, rising 8.33%, as stocks of prominent sports club Fenerbahce (FENER) did the worst with a 6.47% drop.
An ounce of gold sold for $1,501.00 at the daily close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,510.30 at the previous close.
The price of Brent oil was $59.34 per barrel as of 5.30 p.m. local time (1430GMT) on Monday -- with a day range of $58.03 to $59.47.
At the beginning of 2019, a barrel of Brent oil sold for around $53.