Turkey's Borsa Istanbul down at close

By Jeyhun Aliyev

ANKARA (AA) – Turkey's benchmark stock index slipped 0.62 percent to close at 93,280.71 points Wednesday with a trading volume of around 6.5 billion Turkish liras ($1.01 billion).

Borsa Istanbul's BIST 100 index ended the day with a 586.23-point drop from Tuesday's close of 93,866.94 points, while it opened the midweek trading day at 93,316.96 points.

Borsa Istanbul will be closed on Thursday due to the Victory Day holiday.

The USD/TRY exchange rose to 6.4550 as of 5 p.m. local time (1400GMT), up from 6.2320 at Tuesday's close.

The euro/lira exchange rate climbed to 7.5420 by market close, versus 7.3050 at the previous close, while the British pound/lira exchange rate was up at 8.3680, compared with 8.0470 at Tuesday's close.

In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,202.30 as of 4.30 p.m. local time (1330GMT) Wednesday, down from $1,210.35 at the previous close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $76.62 per barrel — hovering between $76.02 and $77.07 during the course of Wednesday.

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