Turkish stocks end day with losses

By Muhammed Ali Gurtas

ANKARA (AA) – Turkey's benchmark stock index fell by 1.76 percent to close at 108,744.79 points on Tuesday with around 10 billion Turkish lira ($2.44 billion) trade volume.

Borsa Istanbul's BIST 100 index ended the day with a 1,942.95-point down from Monday's close of 110,687.74 points, while it opened the day at 111,451.85 points with a 0.69 percent rise.

The USD/TRY exchange was flat at 4.0970 as of 5 p.m. local time (1400GMT) Tuesday, compared with 4.1050 at Monday's close.

The euro/lira exchange rate was 5.0610 by market close — down from 5.0860 at the previous close — and one British pound traded for 5.8780 Turkish liras while the GBP/TRY rate was 5.8960 at the previous close.

The BIST Gold Exchange index showed no percentage change at the daily close. In the Precious Metals and Diamond Markets of Borsa Istanbul, one ounce of gold traded for $1,340.00 as of 4.30 p.m. local time (1330GMT) Tuesday — no change compared with Monday's close.

As of 6 p.m. local time (1500GMT), the price of Brent oil stood at $71.54 per barrel — hovering between $70.84 and $71.89 during Tuesday — climbing from around $66 at the beginning of this year.