Turkey's Borsa Istanbul flat at open

By Jeyhun Aliyev

ANKARA (AA) – Turkey's benchmark stock index started Thursday up 0.06 percent or 52.87 points to open at 90,253.58 points.

The banking and holding sector indices gained 0.24 percent and 0.02 percent, respectively.

The BIST construction index was the best performer at open with 0.73 percent increase, while the wholesale and retail trade sector index performed the worst — down 0.72 percent.

On Wednesday, Borsa Istanbul's BIST 100 index rose 0.22 percent to close at 90,200.71 points with a trading volume of some 7.48 billion liras ($1.36 billion).

The U.S. dollar/Turkish lira exchange rate climbed to 5.5830 as of 9.30 a.m. local time (0630GMT), compared with Wednesday's closing rate of 5.5450.

The euro/Turkish lira rate was 6.3460 on Thursday morning, versus 6.2780 at the previous close, while one British pound traded for 7.1910 Turkish liras, versus 7.0870 at Wednesday's close.

The price of Brent oil dropped to $74.67 per barrel as of 10 a.m. local time (0700GMT) Thursday, compared to the previous close at $76.07.

One barrel of Brent oil was sold for $66 at the beginning of this year.

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Turkey's benchmark stock index up at open

By Jeyhun Aliyev

ANKARA (AA) – Turkey's stock exchange rose 0.49 percent, or 444,93 points, to open at 90,444.83 points Wednesday.

The banking and holding sector indices rose 0.66 percent and 0.62 percent, respectively.

Among all sector indices, the BIST transportation index started the day as the best performer — up 0.90 percent, while the BIST insurance index performed the worst — down 0.25 percent.

On Tuesday, Borsa Istanbul's BIST 100 closed at 89,999.90, down 0.60 percent, or 541.63 points, with a trading volume of 5.7 billion Turkish liras (around $1.04 billion).

The USD/TRY exchange rate rose to 5.4980 as of 9.30 a.m. local time (0630GMT) on Wednesday, while it was 5.4740 at Tuesday's close.

The euro/lira exchange rate stood at 6.2380 by market open — from 6.2290 at the previous close — and one British pound traded for 7.0040 Turkish liras over 6.9980 at the previous close.

The price of Brent oil stood at $76.59 per barrel as of 10.00 a.m. local time (0700GMT) Wednesday, compared to $76.18 on Tuesday.

UPDATE: Turkey's Borsa Istanbul down 0.60 pct at close

UPDATES WITH MORE DAILY FIGURES

By Jeyhun Aliyev

ANKARA (AA) – Turkey's benchmark stock index ended Tuesday down 0.60 percent to close at 89,999.90 points.

Borsa Istanbul's BIST 100 index saw a 541.63-point drop from Friday's close of 90,541.53 points, while it started the day at 90,883.69 points.

Borsa Istanbul was closed on Monday in observance of Turkey's Republic Day.

The market value of listed shares on the BIST 100 totaled 588.02 billion Turkish liras (around $104.65 billion), while the trade volume of the benchmark index was 5.7 billion Turkish liras (around $1.04 billion).

During the trading day, the benchmark index hovered between 88,564.44 points and 91,387.01 points, while 33 stocks on the BIST 100 rose, 64 fell, and three were flat compared to Friday's close.

On Tuesday, the banking sector index gained 2.93 percent, while the holding sector index lost 2.87 percent.

Among all sectors, the BIST banking index was the best performer of the day, while the BIST transportation sector did the worst, as its index fell 5.25 percent.

The top-gaining stocks of the day belonged to energy company Zorlu (ZOREN), up 12.15 percent, while the shares of leading airport operator TAV Airports Holding (TAVHL) fell the most, losing 9.78 percent.

The BIST 100's trade volume leaders on Tuesday were national flag carrier Turkish Airlines, private lender Garanti, top defense company Aselsan, state-run lender Halkbank, and iron and steel producer Kardemir.

By market close, the U.S. dollar/Turkish lira exchange rate fell at 5.4740, versus Friday's close of 5.6350.

The EUR/TRY rate dropped to 6.2290, compared to 6.4030 at the previous close, and one British pound traded for 6.9980 Turkish liras while the GBP/TRY exchange rate was 7.2120 at Friday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,223.30 by market close, down from $1,234.00 at close on Friday.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $76.18 per barrel, hovering between $75.28 and $77.38 during the day.

Since the beginning of this year, Brent oil's price has risen from $66 a barrel.

Turkey's Borsa Istanbul down 0.60 pct at close

By Jeyhun Aliyev

ANKARA (AA) – Turkey's benchmark stock index ended Tuesday down 0.60 percent to close at 89,999.90 points.

Borsa Istanbul's BIST 100 index saw a 541.63-point drop from Friday's close of 90,541.53 points, while it started the day at 90,883.69 points.

Borsa Istanbul was closed on Monday due to Turkey's Republic Day.

By market close, the U.S. dollar/Turkish lira exchange rate fell at 5.4740, versus Friday's close of 5.6350.

The EUR/TRY rate dropped to 6.2290, compared with 6.4030 at the previous close, and one British pound traded for 6.9980 Turkish liras while the GBP/TRY exchange rate was 7.2120 at Friday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,223.30 by market close, down from $1,234.00 at close on Friday.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $76.18 per barrel, hovering between $75.28 and $77.38 during the day.

Since the beginning of this year, Brent oil price has risen from $66 a barrel.

Turkey's Borsa Istanbul up at opening session

By Jeyhun Aliyev

ANKARA (AA) – Turkey's stock exchange rose 0.38 percent, or 342.16 points, to open at 90,883.69 points on Tuesday.

Borsa Istanbul was closed on Monday due to Turkey's Republic Day.

The banking and holding sector indices gained 0.43 percent and 0.63 percent, respectively.

Among all sector indices, the metal products machinery sector index posted the best performance, up 1.06 percent, and the wholesale and retail trade sector index was the worst, down 0.65 percent.

On Friday, Borsa Istanbul's BIST 100 closed at 90,541.53, down 3.42 percent, or 3,206.12 points, with a trading volume of 5.74 billion liras ($1.02 billion).

The USD/TRY exchange fell to 5.5550 as of 9.30 a.m. local time (0630GMT) on Tuesday. It was 5.6350 at Friday's close.

The euro/lira exchange rate also dropped to 6.3230 by market open — from 6.4030 at the previous close — and one British pound traded for 7.1240 Turkish liras versus 7.2120 at the previous close.

The price of Brent oil stood at $77.33 per barrel as of 10.00 a.m. local time (0700GMT) Tuesday, while it was sold for $66 at the beginning of this year.

Turkey's Borsa Istanbul flat at open

By Jeyhun Aliyev

ANKARA (AA) – Turkey's stock exchange fell slightly 3.49 points, to open at 98,987.52 points on Thursday.

The Borsa Istanbul banking sector index dropped 0.31 percent, while BIST holding sector index was up 0.03 percent.

Among all sector indices, the investment trusts sector index posted the best performance, up 0.85 percent, while the banking sector index performed the worst.

On Wednesday, Borsa Istanbul's BIST 100 closed at 98,991.01, up 0.53 percent, or 524.59 points, with a trade volume of 9.4 billion Turkish liras (around $1.7 billion).

The U.S. dollar/Turkish lira exchange rate fell to 5.6190 as of 9.30 a.m. local time (0630GMT) on Thursday, compared with 5.6950 at Wednesday's close.

The euro/lira exchange rate also dropped to 6.4570 by market open — from 6.5760 at the previous close — and one British pound traded for 7.3550 Turkish liras versus 7.4850 at the previous close.

The price of Brent oil stood at $79.89 per barrel as of 10.00 a.m. local time (07000GMT) Thursday, starting the day at $80.33 — climbing from around $66 at the beginning of 2018.

UPDATE – Turkey's Borsa Istanbul ends day with gains

UPDATES WITH MORE DAILY FIGURES

By Jeyhun Aliyev

ANKARA (AA) – Turkey's benchmark stock index closed Wednesday at 98,991.01 points, a rise of 0.53 percent.

Borsa Istanbul's BIST 100 index climbed 524.59 points from Tuesday's close of 98,466.42 points, while it started the midweek business day at 99,223.27 points.

The market value of listed shares on the BIST 100 totalled 646.42 billion Turkish liras (around $112 billion), while the trade volume of the benchmark index was 9.4 billion Turkish liras (around $1.7 billion).

During the midweek trading, the benchmark index hovered between 98,069.70 points and 99,553.94 points, while 54 stocks on the BIST 100 rose, 34 fell, and 12 were flat compared with Tuesday's close.

Among all sectors, the BIST banking index was the best performer of the day — up 3.46 percent –, the mining sector recorded the worst, as its index fell 6.44 percent.

The top gainer stocks of the day belonged to fertilizer provider Gubretas, rising 11.46 percent, and the shares of casting producer Cemas Dokum (CEMAS) fell most, declining 9.84 percent.

The BIST 100's trade volume leaders on Wednesday were national flag carrier Turkish Airlines, private lender Garanti, state-run lender Halkbank, leading petrochemicals producer Petkim and top defense company Aselsan.

The U.S. dollar/Turkish lira exchange rate fell to 5.6950 as of 5 p.m. local time (1400GMT) Wednesday, compared with the previous close of 5.7780.

One euro traded for 6.5760 Turkish liras at close, down from 6.7010 at Tuesday's close.

By market close, the GBP/TRY exchange rate was 7.4850, versus 7.6440 at the previous close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,220.00 at Wednesday's close, down from Tuesday's close of $1,225.10.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $79.53 per barrel, hovering between $79.89 and $81.86 during the day.

Since the beginning of this year, Brent oil price has risen from $66 per barrel.

Turkey's Borsa Istanbul ends day with gains

By Jeyhun Aliyev

ANKARA (AA) – Turkey's benchmark stock index closed Wednesday at 98,991.01 points, a rise of 0.53 percent.

Borsa Istanbul's BIST 100 index climbed 524.59 points from Tuesday's close of 98,466.42 points, while it started the midweek business day at 99,223.27 points.

The U.S. dollar/Turkish lira exchange rate fell to 5.6950 as of 5 p.m. local time (1400GMT) Wednesday, compared with the previous close of 5.7780.

One euro traded for 6.5760 Turkish liras at close, down from 6.7010 at Tuesday's close.

By market close, the GBP/TRY exchange rate was 7.4850, versus 7.6440 at the previous close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,220.00 at Wednesday's close, down from Tuesday's close of $1,225.10.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $79.53 per barrel, hovering between $79.89 and $81.86 during the day.

Since the beginning of this year, Brent oil price has risen from $66 per barrel.

Turkey's Borsa Istanbul up 1 pct at open

By Jeyhun Aliyev

ANKARA (AA) – Turkey's stock exchange rose by 1 percent, or 947.86 points, to open at 95,695.39 points on Friday.

On the last transaction day of the week, the banking and holding sector indices gained 2.25 percent and 0.62 percent, respectively.

While all sector indices started the day on the rise, the BIST banking index was the top gainer.

On Thursday, Borsa Istanbul's BIST 100 closed at 94,747.53, up 0.32 percent, or 306.84 points, with a trading volume of 7.1 billion Turkish liras (around $1.2 billion).

The USD/TRY exchange fell to 5.8980 as of 9.30 a.m. local time (0630GMT) on Friday, compared to 5.9930 at the previous close.

The EURO/TRY exchange also dropped to 6.8320 by market open, versus 6.9350 at the previous close, while one British pound traded for 7.8010 Turkish liras — from 7.9370 on Thursday's close.

The price of Brent oil stood at $81.36 per barrel as of 10.00 a.m. local time (0700GMT) Friday, starting the day at $80.34, while it was around $66 at the beginning of this year.

Turkish stocks up at open

By Jeyhun Aliyev

ANKARA (AA) – Turkey's benchmark stock index started the midweek trading day up 0.35 percent or 338.39 points to open at 97,070.15 points.

On the third transaction day of the week, the banking and holding sector indices gained 0.79 and 0.09 percent, respectively.

Among all sector indices, the construction sector index posted the best performance, up 0.88 percent, while the mining sector index faced the worst drop, down 0.11 percent.

On Tuesday, Borsa Istanbul's BIST 100 index rose 0.67 percent to close at 96,731.76 points with a trading volume of some 8.9 billion Turkish liras (around $1.46 billion), hovering between 95,536.85 points and 97,100.26 points during the sessions.

The U.S. dollar/Turkish lira exchange rate fell to 6.0920 as of 9.30 a.m. local time (0630GMT), compared with Tuesday's closing rate of 6.1390.

The euro/lira rate dropped to 7.0120 on Wednesday morning, versus 7.0330 at the previous close, while one British pound was traded for 8.0380 Turkish liras, down from 8.0240 at Tuesday's close.

The price of Brent oil was $84.98 per barrel as of 10.05 a.m. local time (0705GMT) Wednesday, starting the day at $84.84, while it was around $66 at the beginning of this year.