Turkish stocks looking up at Monday opening

Turkish stocks looking up at Monday opening

Borsa Istanbul's BIST 100 index rises over 14 points from previous close

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index opened the week at 1,556.57 points on Monday, rising by 0.92% or 14.12 points from the previous close.

On Friday, Borsa Istanbul's BIST 100 index slipped 0.59% to close the week at 1,542.45 points with a daily trading volume of 28.8 billion Turkish liras ($3.9 billion).

The US dollar/Turkish lira exchange rate fell to 7.4000 as of 9.30 a.m. local time (0630GMT), down from 7.4110 compared to Friday's close.

The euro/Turkish lira exchange rate was at 9.0200, versus 9.0140, and one British pound traded for 10.1600 Turkish liras, compared to 10.1320 at the last close.

One barrel of Brent oil was sold for $55.30 as of 10 a.m. local time (0700GMT).

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