Turkey's Borsa Istanbul up over 1.5 pct at close

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index rose by 1.62 percent to close at 92,552.71 points on Wednesday.

Borsa Istanbul's BIST 100 index started the day at 91,316.41 points and gained 1,478.60 points from Tuesday's close of 91,074.11 points.

The U.S. dollar/Turkish lira exchange rate reached 5.3170 at close, down from Tuesday's close of 5.3540.

The euro/lira rate also dropped at close; 6.0680 versus 6.0920 at the previous close.

One British pound traded for 6.7330 Turkish liras, while the GBP/TRY rate was 6.7640 at close on Tuesday.

In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,248.55 by market close, up from $1,248.00 a day ago.

The price of Brent crude oil dropped to $57.12 per barrel as of 6 p.m. (1500GMT) Wednesday, versus $58.58 at previous close.

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