Turkey's Borsa Istanbul closes week down

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index dropped by 1.09 percent to close at 102,937.14 points on Friday.

Borsa Istanbul's BIST 100 index started the day at 104,061.03 points and lost 1,137.08 points from Thursday's close of 104,074.22 points.

The U.S. dollar/Turkish lira exchange rate was 5.2130 at close, up from Thursday's close of 5.1760.

The euro/lira rate increased at Friday's close; 5.9860 versus 6.1220 at the previous close.

One British pound traded for 6.8120 Turkish liras, while the GBP/TRY rate was 6.8120 at close on Wednesday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,322.00 by market close, down from $1,324.25 previous day.

The price of Brent crude oil stood at around $61.66 per barrel as of 6 p.m. (1500GMT) Friday, versus $62.22 at previous close.

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