Turkey's Borsa Istanbul up at open

Alaturka Ekonomi Haberleri

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index rose by 0.27% or 256.64 points to open at 95,039.78 points Monday.

On Friday, Borsa Istanbul's BIST 100 index increased by 0.30% to close the week at 94,783.14 points with a daily trading volume of 4.63 billion Turkish liras ($780 million).

The U.S. dollar/Turkish lira exchange rate rose to 5.9540 as of 9.30 a.m. local time (0630GMT), compared to Friday's closing rate of 5.9430.

The euro/Turkish lira exchange rate also increased to 6.6540, versus 6.6330 at the previous close.

One British pound traded for 7.7190 Turkish liras, as the GBP/TRY exchange rate was 7.6680 at market close Friday.

The price of Brent oil was around $71.10 per barrel as of 10.00 a.m. local time (0700GMT) Monday.