Turkey's Borsa Istanbul closes Friday with new records

BIST 100 index gains 0.45 point, or 0.03%, from previous close

By Ovunc Kutlu

ANKARA (AA) – Turkey's benchmark stock index ended with gains on Friday to close at 1,737.33 points -- both a daily and weekly closing record high level.

This marked the sixth consecutive week BIST 100 posted a gain, while it increased 6.03% this week.

After starting the day at 1,748.72 points, Borsa Istanbul's BIST 100 index gained 0.45 point, or 0.03%, from Thursday's close of 1,736.88 points.

One ounce of gold traded for $1,860.25 by market close, slightly up from $1,859.20 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was down 2.5% to $79.18 per barrel as of 6.36 p.m. local time (1536GMT).