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 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.

Turkish lira at best level against dollar in 2 months

By Jeyhun Aliyev

ANKARA (AA) – The value of the Turkish lira against the U.S. dollar has hit a two-month high, according to data compiled by Anadolu Agency.

By market close on Monday, the USD/TRY exchange rate plunged to 5.7830, falling over 2.5 percent from Friday's closing rate of 5.9320, marking the lira's best showing in two months.

Meanwhile, the U.S. dollar/ Turkish lira exchange rate started the week at 5.8420, and seen the lowest point of around 5.76 on Monday.

The average U.S. dollar/Turkish lira exchange rate was 6.04 during the first two weeks of October, 6.38 last month, and 5.74 in August.

In October, the highest stance of USD/TRY exchange rate was 6.1654, while it peaked at 6.6944 in September, and 6.8922 in August.

The euro/lira rate also showed a steep drop — standing at 6.7020 at market close on Monday versus 6.8510 at the previous close — and one British pound exchanged for 7.6080 compared to 7.8240 at Friday's close.

On Tuesday morning, the USD/TRY exchange rate rose slightly to 5.7950 as of 9.30 a.m. local time (0630GMT).

UPDATE – Turkish stocks end day with losses

UPDATES WITH MORE DAILY FIGURES

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index lost 2.77 percent on Thursday to close at 94,496.80 points.

Borsa Istanbul's BIST 100 index fell 2,691.07 points, down from the midweek close of 97,187.87 points, while it started the day at 97,043.02 points.

The BIST 100 hovered between 94,496.80 and 97,071.76 points during Thursday's trading. Compared with the previous close, 10 stocks on the index rose, 89 fell, and one was flat.

The BIST chemicals petrol plastic index was the top gainer — up 1.50 percent — while the BIST banking index fell the most, losing 6.73 percent.

Shares of energy giant Tupras (TUPRS) racked up the best performance, rising 4.46 percent, while stocks of Turkish conglomerate Alarko Holding (ALARK) saw the biggest drop, losing 8.13 percent.

As of the daily close, the total market value of the BIST 100's listed companies was around 620 billion liras ($103 billion) with a trading volume of 7.27 billion liras ($1.18 billion).

The most-traded stocks were private lender Garanti, national flag carrier Turkish Airlines, defense company Aselsan, private lender Akbank, and telecommunications giant Turk Telekom.

Based on market capitalization, the top listed companies were Turkish conglomerate Koc Holding ($6.80 billion), iron and steel producer Eregli Demir Celik ($6.43 billion), and Tupras ($5.74 billion).

By market close, the U.S. dollar/Turkish lira exchange rate rose to 6.1490, up from 6.0340 at the close on Wednesday.

The euro/lira rate was 7.1020, compared with 6.9620 at the close on Wednesday, and the GBP/TRY exchange rate was 8.0120, versus one British pound for 7.8460 Turkish liras at the previous close.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was $1,203.00 at daily close, versus $1,202.50 at close on Wednesday.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at around $85.72 per barrel, hovering between $85.33 and $86.42 during the day.

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