UPDATE – Turkey's Borsa Istanbul up at Monday's close

UPDATES WITH MORE DAILY FIGURES

By Gokhan Ergocun

ISTANBUL (AA) – Turkey’s benchmark stock index closed at 1,398.52 points on Monday, up by 0.54% from the previous close.

Starting the week at 1,388.20 points, Borsa Istanbul’s BIST 100 index earned 7.46 points from the previous close of 1,422.06 points.

The index’s lowest value during the day was 1,378.34 points, while its daily high was 1,398.52 points.

The total market value of the BIST 100 was around 983.37 billion Turkish liras ($113.49 billion) by market close, with a daily trading volume of 12.4 billion Turkish liras ($1.4 billion).

On the first transaction day of the week, 47 stocks on the index rose, 48 fell, and five were flat compared to the last week's close.

The highest trading volumes were posted by flag carrier Turkish Airlines, private lender Garanti BBVA, and real investment trust Emlak Konut GYO.

Prominent sports club Fenerbahce was the best performer, with its shares up 6.66%, while stocks of conglomerate Bera Holding saw the sharpest drop of 9.98%.

The price of one ounce of gold was $1,777.25 by market close, down from $1,779.30 at the previous close, according to data from Borsa Istanbul’s Precious Metals and Diamond Markets.

The price of Brent crude oil was around $74.30 per barrel as of 6.20 p.m. local time (1520GMT).