Turkey's Borsa Istanbul down 0.26 pct at close

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index closed Tuesday at 99,292.47 points, down 0.26 percent from previous close.

Borsa Istanbul's BIST 100 index fell 254.97 points from Monday's close of 99,547.44 points, while it started the day at 100,096.80 points.

The U.S. dollar/Turkish lira exchange rate was 6.1970 as of 5 p.m. local time (1400GMT) Tuesday, compared with the previous close of 6.1590.

By market close, one euro traded for 7.3110 Turkish liras, up from 7.2780 at Monday's close, while the GBP/TRY exchange rate was 8.1640, versus 8.1170 at the previous close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,200.85 at Tuesday's close, compared with $1,200.00 at Monday's close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at around $81.25 per barrel, hovering between $80.47 and $81.80 during the day. Since the beginning of this year, Brent oil price has risen from $66 per barrel.