Turkey's Borsa Istanbul down at close

BIST 100 index goes down 2.37 percent, falling nearly 2,300 points from previous close

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's benchmark stock index ended Wednesday down 2.37 percent to close at 94,440.69 points.

Borsa Istanbul's BIST 100 index posted a 2,291.07-point drop from Tuesday's close of 96,731.76 points, while it started the midweek trading day at 97,070.15 points.

By market close, the U.S. dollar/Turkish lira exchange rate fell to 6.0380, while one dollar traded for 6.1390 liras at Tuesday's close.

The euro/lira rate was 6.9580, down from 7.0330 at the previous close, and the GBP/TRY exchange rate was 7.9760, versus 8.0240 at close on Monday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was $1,187.00 at Wednesday's close, while the price was $1,185.00 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at around $83.65 per barrel, hovering between $83.33 and $85.15 during midweek trading.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.

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