Turkey's Borsa Istanbul ends week up

By Muhammed Ali Gurtas

ANKARA (AA) - Turkey's benchmark stock index ended Friday up 0.41 percent to close at 94,883.47 points.

Borsa Istanbul's BIST 100 index rose 386.67 points, up from Thursday's close of 94,496.80 points, while it started the last trading day at 94,354.64 points.

On a weekly basis, the benchmark index declined nearly 5 percent, compared with its close at 99,956.90 points on Sept. 28.

At the daily close, the USD/TRY exchange rate was 6.1280, down from Thursday's close of 6.1490. This week, the U.S. dollar/Turkish lira exchange rate climbed 1.75 percent compared to last Friday's close.

The euro/lira rate was 7.0640, versus 7.1020 at the previous close, and one British pound traded for 8.0370 Turkish liras, while the GBP/TRY exchange rate was 8.0120 at close on Thursday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was $1,202.90 at the daily close, while the price was $1,203.00 at close on Thursday.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at around $84.70 per barrel, hovering between $84.08 and $85.12 over the course of Friday.

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