Turkish stocks rally to close Monday at all-time high

Turkish stocks rally to close Monday at all-time high

Borsa Istanbul's BIST 100 index exceeds 6,000 points after Muslim holiday of Eid al-Adha

By Tuba Ongun

ANKARA (AA) – Türkiye's benchmark stock index surged by 4.45% to close Monday at an all-time peak of 6,015.29 points, after days of closure due to the Muslim holiday of Eid al-Adha.

Borsa Istanbul's BIST 100 index gained 256.18 points from last Tuesday's close.

The total market value of BIST 100 was around 5.1 trillion Turkish liras ($197.1 billion) by market close, with a daily trading volume of 97 billion Turkish liras ($3.73 billion).

The index's lowest value on Monday was 5,867.23, while its daily high was 6,018.29, an intraday record.

The price of an ounce of gold was $1,935.05, while Brent crude oil sold for around $75.70 per barrel as of 6.30 p.m. local time (1530GMT).

The US dollar/Turkish lira exchange rate was 25.9374, the euro/lira exchange rate was 28.3004, and a British pound traded at 32.8880 liras.

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