Turkish stocks down 0.83 pct at close

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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