Turkey's Borsa Istanbul up at opening

Turkey's Borsa Istanbul up at opening

BIST 100 index rises 0.74 percent while US dollar/Turkish lira rate stands at 3.58

By Tuba Sahin

ANKARA (AA) - Turkey’s benchmark index opened 707.98 points up on last week’s close Monday.

The BIST 100 rose 0.74 percent to 95,855.32 points on the first transaction day of the week.

The banking and holding sector indices rose 1.02 percent and 0.58 percent respectively.

The electricity sector was the best performer with a 1.14 percent rise, while the information technology sector recorded the biggest fall, down 0.56 percent.

At Thursday’s close, the BIST 100 was down 577.62 points for the day, or 0.60 percent, at 95,147.34 points, with a total trading volume of 4.6 billion Turkish liras ($1.2 billion).

The U.S. dollar/Turkish lira exchange rate fell to 3.5820 at 9.30 a.m. local time (0630GMT) Monday, compared with 3.6110 at Thursday’s close.


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