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UPDATE - Turkish stocks up 3.81% at Monday close

UPDATE - Turkish stocks up 3.81% at Monday close
BIST 100 index surges over 56 points from previous close


By Aysu Bicer

ANKARA (AA) - Turkey's benchmark stock index rose 3.81% to close Monday at 1,527.45 points.

After starting the week at 1,491.88 points, Borsa Istanbul's BIST 100 index gained 56.06 points from 1,471.39 points at the previous close.

During the day, the index hovered between 1,491.13 and 1,524.47 points – 98 stocks on the index rose and two fell compared to Friday's close.

The total market value of the BIST 100 was around 1.1 trillion Turkish liras ($158 billion) by market close, with a daily trading volume of 25.6 billion Turkish liras ($3.5 billion).

The highest trading volumes were posted by national flag carrier Turkish Airlines, private lender Garanti BBVA, and glass producer Sisecam.

Stocks of cement producer Konya Cimento climbed the most with a 10% rise, while shares of Pegasus airlines lost the most, down 0.73%.

One ounce of gold sold for $1,742.65 by market close, down from $1,761.35 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $64.98 per barrel as of 6.00 p.m. local time (1500GMT) on Monday.

Exchange RatesFridayMonday
source: News Feed
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