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UPDATE - Turkish stocks end Tuesday with gain

UPDATE - Turkish stocks end Tuesday with gain
BIST 100 index rises nearly 0.25% from Monday's close, USD/TRY exchange rate stands at around 5.76


By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index went up 0.25% to close Tuesday at 95,421.05 points.

After starting the day at 95,066.49 points, Borsa Istanbul's BIST 100 index rose 238.56 points from 95,182.49 points at Monday's close.

During Tuesday's trading, the BIST 100 hovered between 94,619.16 points and 95,994.46 points -- 54 stocks on the index rose, 29 fell, and 17 were flat compared to the previous close.

Closing the day with a market value of 636 billion Turkish liras ($110.7 billion), the benchmark index posted a daily trading volume of 6.58 billion Turkish liras ($1.13 billion).

Shares of Garanti BBVA, national flag carrier Turkish Airlines, and state lender Halkbank posted the highest trading volumes on Tuesday -- accounting for around 41% of the benchmark index's total trade volume.

Stocks of frozen foods producer Kerevitas (KERVT) were the top performer -- up 6.83% -- as leasing company Is Finansal Kiralama (ISFIN) saw the biggest drop, falling 5.92%.

One ounce of gold was sold for $1,424.00 at the daily close in Borsa Istanbul's Precious Metals and Diamond Markets, versus $1,405.55 at Monday's close.

The price of Brent oil was $64.44 per barrel as of 6.00 p.m. local time (1300GMT) on Tuesday -- with a day range of $63.5 to $64.64.

Exchange RatesMondayTuesday

source: News Feed
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