Borsa Istanbul stocks up at open

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index rose by 0.56 percent or 576.53 points to open at 104,338.99 points on Wednesday.

On Tuesday, Borsa Istanbul's BIST 100 index dropped by 0.61 percent to close the day at 103,762.46 points with a daily trading volume of 8.1 billion Turkish liras ($1.53 billion).

The U.S. dollar/Turkish lira exchange rate fell to 5.2440 as of 9.30 a.m. local time (0630GMT), compared to Tuesday's closing rate of 5.2600.

The euro/Turkish lira exchange rate also decreased to 5.9480, versus 5.9620 at the last close.

One British pound traded for 6.7900 Turkish liras, as the GBP/TRY exchange rate was 6.7920 at market close on Tuesday.

The price of Brent oil stood at around $63.10 per barrel as of 10.00 a.m. local time (0700GMT) Wednesday, versus $63.02 at Tuesday's close.

UPDATE – Turkey's Borsa Istanbul up by nearly 2-pct at close

UPDATE WITH MORE DAILY FIGURES

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index climbed 1.9 percent to close at 104,394.73 points on Monday.

Borsa Istanbul's BIST 100 index started the day at 103,287.56 points, gaining 1,942.99 points from Friday's close of 102,451.74 points.

The benchmark index hovered between 103,280.41 and 104,656.55 points during Monday's trading.

The total market value of the BIST 100 was around 680 billion Turkish liras ($130 billion) by market close and the daily trading volume was 7.22 billion Turkish liras ($1.37 billion).

On the first transaction day of the week, 78 stocks on the index were on the rise, while 16 were on the decline, and six were flat compared to the previous close.

The top listed companies by market value were Turkish conglomerate Koc Holding ($8.33 billion) and private lenders Garanti ($7.34 billion) and Akbank ($6.87 billion).

The highest trading volumes were posted by national flag carrier Turkish Airlines, Garanti, and state lender Vakif.

The shares of participation bank Albaraka were the top gainers — up 20 percent — and machinery company Cemtas dropped most by 4.59 percent.

The U.S. dollar/Turkish lira exchange rate was 5.2680 at close, up from the last week's close of 5.2460.

The euro/lira rate increased to 5.9620 at Monday's close, versus 5.9550 at the previous close.

One British pound traded for 6.8030 Turkish liras, while the GBP/TRY rate was 6.8070 at close on Friday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,307.50 by market close, down from $1,313.10 the previous day.

The price of Brent crude oil dropped to $61.50 per barrel as of 6 p.m. (1500GMT) Monday, versus $61.77 at the previous close.

Turkey's Borsa Istanbul up by nearly 2-pct at close

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index climbed 1.90 percent to close at 104,394.73 points on Monday.

Borsa Istanbul's BIST 100 index started the day at 103,287.56 points, gaining 1,942.99 points from Friday's close of 102,451.74 points.

The U.S. dollar/Turkish lira exchange rate was 5.2680 at close, up from the last week's close of 5.2460.

The euro/lira rate increased to 5.9620 at Monday's close, versus 5.9550 at the previous close.

One British pound traded for 6.8030 Turkish liras, while the GBP/TRY rate was 6.8070 at close on Friday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,307.50 by market close, down from $1,313.10 the previous day.

The price of Brent crude oil dropped to $61.50 per barrel as of 6 p.m. (1500GMT) Monday, versus $61.77 at the previous close.

Borsa Istanbul stocks start week up

By Tuba Sahin

ANKARA (AA) – Turkey's benchmark stock index rose by 0.82 percent or 835.82 points to open at 103,287.56 points on Monday.

On Friday, Borsa Istanbul's BIST 100 index dropped by 0.32 percent to close the day at 102,451.74 points with a daily trading volume of 5.37 billion Turkish liras ($1.02 billion).

The U.S. dollar/Turkish lira exchange rate stood at 5.2470 as of 9.30 a.m. local time (0630GMT), compared to the last week's closing rate of 5.2460.

The euro/Turkish lira exchange rate dropped to 5.9460, versus 5.9550 at the last close. One British pound traded for 6.8010 Turkish liras, as the GBP/TRY exchange rate was 6.8070 at market close on Friday.

The price of Brent oil fell to $61.89 per barrel as of 10.00 a.m. local time (0700GMT) Monday, versus $62.1 at Friday's close.

Borsa Istanbul stocks down at open

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index dropped 0.28 percent or 289.17 points to open at 102,494.86 points on Friday.

On Thursday, Borsa Istanbul's BIST 100 index rose 0.19 percent to close the day at 102,784.03 points with a daily trading volume of 6.64 billion Turkish liras ($1.26 billion)

The U.S. dollar/Turkish lira exchange rate rose to 5.2680 as of 9.30 a.m. local time (0630GMT), compared to Thursday's closing rate of 5.2530.

The euro/Turkish lira exchange rate also climbed to 5.9760, versus 5.9640 at the last close. One British pound traded for 6.8350 Turkish liras, as the GBP/TRY exchange rate was 6.8220 at market close on Thursday.

The price of Brent oil fell to $61.19 per barrel as of 10.00 a.m. local time (0700GMT) Friday, versus $62.16 at the previous close.

UPDATE – Borsa Istanbul stocks flat at close

UPDATE WITH MORE DAILY FIGURES

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index increased slightly by 0.13 percent to close at 102,584.26 points on Wednesday.

Borsa Istanbul's BIST 100 index started the day at 102,899.19 points and gained 135.84 points from Tuesday's close of 102,448.42 points.

The benchmark index hovered between 101,620.48 and 103,089.18 points during Wednesday's trading.

The total market value of the BIST 100 was around 667 billion Turkish liras ($128.3 billion) by market close and the daily trading volume was 7 billion Turkish liras ($1.34 billion).

On the third transaction day of the week, 50 stocks on the index were on the rise, while 43 were on the decline, and seven were flat compared to the previous close.

The top listed companies by market value were Turkish conglomerate Koc Holding ($8.52 billion) and private lenders Garanti ($7.18 billion) and Akbank ($6.77 billion).

The highest trading volumes were posted by national flag carrier Turkish Airlines, Garanti, and iron/steel producer Kardemir.

Shares of participation bank Albaraka were the top gainers — up 17.69 percent — and energy company Zorlu Enerji dropped most by 7.69 percent.

The U.S. dollar/Turkish lira exchange rate was 5.2280 at close, up from 5.2080 at Tuesday's close.

The euro/lira exchange rate remained unchanged from the previous day at 5.9570 at daily close.

One British pound traded for 6.7970 Turkish liras, while the GBP/TRY rate was 6.7700 at close on Tuesday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold stood at $1,314.10 by market close, compared with the $1,314.00 of the previous day.

The price of Brent crude oil dropped to $61.57 per barrel as of 6 p.m. (1500GMT) Wednesday, versus $62.45 at the previous day's close.

Borsa Istanbul stocks flat at close

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index increased slightly by 0.13 percent to close at 102,584.26 points on Wednesday.

Borsa Istanbul's BIST 100 index started the day at 102,899.19 points and gained 135.84 points from Tuesday's close of 102,448.42 points.

The U.S. dollar/Turkish lira exchange rate was 5.2280 at close, up from 5.2080 at Tuesday's close.

The euro/lira exchange rate remained unchanged from the previous day at 5.9570 at the daily close.

One British pound traded for 6.7970 Turkish liras, while the GBP/TRY rate was 6.7700 at close on Tuesday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold stood at $1,314.10 by market close, compared with the $1,314.00 of the previous day.

The price of Brent crude oil dropped to $61.57 per barrel as of 6 p.m. (1500GMT) Wednesday, versus $62.45 at the previous day's close.

Borsa Istanbul stocks up at open

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index rose by 0.14 percent or 141.35 points to open at 103,078.49 points on Monday.

On Friday, Borsa Istanbul's BIST 100 index dropped by 1.09 percent to close the day at 102,937.14 points with a daily trading volume of 7.1 billion Turkish liras ($1.36 billion).

The U.S. dollar/Turkish lira exchange rate rose to 5.2270 as of 9.30 a.m. local time (0630GMT), compared to the last week's closing rate of 5.2130.

The euro/Turkish lira exchange rate stood at 5.9830, versus 5.9860 at the last close. One British pound traded for 6.8470 Turkish liras, as the GBP/TRY exchange rate was 6.8120 at market close on Friday.

The price of Brent oil rose to $62.80 per barrel as of 10.00 a.m. local time (0700GMT) Monday, versus $61.66 at Friday's close.

Borsa Istanbul stocks flat at open

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index rose 0.05 percent or 55.88 points to open at 104,154.24 points on Wednesday.

On Tuesday, Borsa Istanbul's BIST 100 index climbed 2.77 percent to close the day at 104,098.37 points by hitting the eight-month high with a daily trading volume of 8.4 billion Turkish liras ($1.6 billion).

The U.S. dollar/Turkish lira exchange rate stood at 5.3090 as of 9.30 a.m. local time (0630GMT), compared to Tuesday's closing rate of 5.3050.

The euro/Turkish lira exchange rate rose to 6.0800, versus 6.0640 at the last close. One British pound traded for 6.9670 Turkish liras, as the GBP/TRY exchange rate was 7.0030 at market close on Wednesday.

The price of Brent oil stood at $61.21 per barrel as of 10.00 a.m. local time (0700GMT) Wednesday, versus $61.34 at Tuesday's close.

UPDATE – Turkish stocks hit eight-month high at daily close

By Tuba Sahin

ANKARA (AA) – Turkey's benchmark stock index Tuesday posted its eight-month highest close at 104,098.37 points.

Borsa Istanbul's BIST 100 climbed 2.77 percent or 2,808.61 points at Tuesday's close.

The index started the day at 101,358.82 points, slightly up some 70 points from Monday's close of 101,289.75 points.

The benchmark index hovered between 103,873.10 and 101,077.08 points during Tuesday's trading.

The total market value of the BIST 100 was around 678.6 billion Turkish liras ($128.6 billion) by market close and the daily trading volume was 8.4 billion Turkish liras ($1.6 billion).

On Tuesday, 81 stocks on the index were on the rise, while 15 were on the decline, and four were flat compared to the previous close.

The top listed companies were Turkish conglomerate Koc Holding ($8.3 billion), and private lenders Garanti ($7.2 billion) and Akbank ($6.7 billion) by market value.

The highest trading volumes were posted by Garanti, national flag carrier Turkish Airlines and defense company Aselsan.

Shares of Enka Insaat, which operates in the construction sector, were the top percent gainer with an increase of 10.19 percent in value while private lender ICBC Turkey Bank was the top percent loser as its shares were down 19.97 percent.

The U.S. dollar/Turkish lira exchange rate was 5.3050 at close, down from Monday's close of 5.3130.

The euro/lira rate fell to 6.0640 at Tuesday's close, versus 6.0710 at the previous close.

One British pound traded for 7.0030 Turkish liras, while the GBP/TRY rate was 7.0040 at close on Monday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,308.10 by market close, up from $1,301.35 the previous day.

The price of Brent crude oil rose to $61.31 per barrel as of 6 p.m. (1500GMT) Tuesday, versus $59.81 at the previous close.