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UPDATE - Turkish stocks on rise at Tuesday close

UPDATE - Turkish stocks on rise at Tuesday close
Borsa Istanbul BIST 100 index rises 9.99 points from previous close


By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index ended Tuesday increasing 0.75% to close at 1,339.89 points.

After starting the day at 1,334.22 points, Borsa Istanbul's BIST 100 index climbed 9.99 points from 1,329.90 points at Monday's close.

On Tuesday, the BIST 100 hovered between 1,331.63 and 1,348.30 points -- 47 stocks on the index rose, 50 fell and three were flat compared to the previous close.

Closing the day with a market value of some 992.5 billion Turkish liras ($126.6 billion), the benchmark index posted historic high daily trading volume of 28.5 billion Turkish liras ($3.7 billion).

Shares of petrochemical firm Petkim, glass maker Sise Cam and iron/steel producer Kardemir saw the highest trading volumes.

Stocks of a pharmaceutical warehouse Selcuk Ecza Deposu registered the best performance, up 9.99%, while shares of Petkim suffered the most, losing 4.12%.

One ounce of gold sold for $1,846.00 by market close, up from $1,832.50, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent oil was $48.35 per barrel as of 6 p.m. local time (1500GMT) on Tuesday, with a daily range of $48.12 to $48.94.

Exchange RatesMondayTuesday
source: News Feed
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