Borsa Istanbul up at close

By Jeyhun Aliyev

ANKARA (AA) – Turkey's benchmark stock index went up 0.79 percent to close at 93,418.65 points with a trading volume of around 11.2 billion Turkish liras (around $1.72 billion) on Tuesday.

Borsa Istanbul's BIST 100 index ended the day with a 734.10-point hike from Monday's close of 92,684.55 points, while it started the day at 94,689.43 points.

On Monday, Turkey's Central Bank has announced several measures to revalue Turkish liras and provide foreign exchange deposits liquidity to lenders.

One U.S. dollar traded for 6.5410 Turkish liras as of 5 p.m. local time (1400GMT), down from 6.8710 at Monday's close.

The euro/lira exchange rate fell to 7.4500 by market close, versus 7.8560 at the previous close, and one British pound dropped to 8.3740 Turkish liras, while the GBP/TRY rate was 8.5540 at Monday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,191.90 as of 4.30 p.m. local time (1330GMT) Tuesday, down from $1,198.50 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $73.36 per barrel — hovering between $72.74 and $73.93 during Tuesday — climbing from around $66 at the beginning of 2018.

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