Borsa Istanbul up at close

By Gokhan Ergocun

ANKARA (AA) – Turkey's benchmark stock index closed Friday up 0.55 percent at 93,274.15 points with a trading volume of around 5.7 billion Turkish liras ($886.7 million).

Borsa Istanbul's BIST 100 index ended the day with a 510.84-point increase from Thursday's close of 92,763.31 points, while it opened the day at 93,170.94 points, up 0.44 percent.

The USD/TRY exchange rate dropped by 1.75 percent to 6.4500 as of 5 p.m. local time (1400GMT) Friday, compared with 6.5650 at Thursday's close.

The euro/lira exchange rate also fell by 2.5 percent to 7.4690 by market close, versus 7.6610 at the previous close, while the British pound/lira exchange rate reached 8.3620 Turkish liras, compared with 8.5280 at Thursday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,195.00 as of 5.30 p.m. local time (1430GMT) Friday, compared with $1,192.25 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil dropped slightly to $76.21 per barrel at the week's closing, compared with $76.84 at the end of Thursday.

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