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.

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