Turkish stocks down 0.83 pct at close

BIST 100 index falls nearly 775 points from previous close, Turkish lira gains ground against foreign currencies

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's benchmark stock index went down 0.83 percent to close at 92,692.17 points on Wednesday.

Starting the day at 93,887.71 points, Borsa Istanbul's BIST 100 index ended the day with a 776.82-point fall from the previous close.

By market close, the USD/TRY exchange rate was 5.6950, as one dollar was traded for 5.7910 liras at close on Tuesday.

The euro/lira rate also saw a decline during midweek trading hours, standing at 6.5030 compared to 6.6420 at the previous close.

The British pound/Turkish lira exchange rate fell to 7.3820, while the GBP/TRY was 7.5270 at Tuesday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold was sold for $1,231.00 at Wednesday's close, while the price was $1,234.50 at the previous close.

Hovering between $75.12 and $77.03 during Wednesday's trading, the price of Brent oil was around $76.65 per barrel as of 5.50 p.m. local time (1450GMT).

One barrel of Brent oil was sold for $66 at the beginning of this year.

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