UPDATE - Turkish stocks up at Tuesday close

UPDATED WITH MORE DAILY FIGURES

By Tuba Sahin

ANKARA (AA) - Turkey's benchmark stock index ended Tuesday up 0.49% to close at 1,395.40 points.

After starting the day at 1,394.42 points, Borsa Istanbul's BIST 100 index climbed 6.85 points from 1,388.55 points at Monday's close.

------

On Tuesday, the BIST 100 hovered between 1,385.19 and 1,399.86 points – 44 stocks on the index rose, 49 fell, and four were flat compared to the previous close.

Closing the day with a market value of some 1 trillion Turkish liras ($130.7 billion), the benchmark index posted a historic high daily trading volume of 31 billion Turkish liras ($4 billion).

Shares of state lender Garanti BBVA, energy firm Odas, and iron/steel producer Kardemir saw the highest trading volumes.

Stocks of major cardboard producer Kartonsan (KARTN) saw the best performance, up 10%, while shares of diesel engine and tractor manufacturer Tumosan Motor (TMSN) did the worst, losing 5.97%.

On Tuesday, the Treasury and Finance Ministry announced that the Turkish central government posted a budget deficit of 132.5 billion Turkish liras ($19 billion) in January-November, widening 42.1% year-on-year.

------

One ounce of gold sold for $1,846.60 by market close, up from $1,825.00, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent oil was $50.50 per barrel as of 6 p.m. local time (1500GMT) on Tuesday, with a daily range of $49.78 to $50.74.