UPDATE – Turkey’s Borsa Istanbul up at Thursday close

UPDATES WITH MORE DETAILS

By Gokhan Ergocun

ISTANBUL (AA) – Turkey's benchmark stock index closed Thursday at 1,488.21 points, up 0.35%.

Starting the day at 1,510.32 points, Borsa Istanbul's BIST 100 index has earned 5.19 points over Wednesday's close of 1,483.02 points.

During the day, the index's lowest value was 1,460.36 points, while its daily high was 1,514.81 points.

The total market value of the BIST 100 was around 1.13 trillion Turkish liras ($158.97 billion) by market close, with a daily trading volume of 30.09 billion Turkish liras ($4.18 billion).

On the fourth transaction day of the week, 40 stocks on the index rose and 60 fell compared to Wednesday.

The highest trading volumes were posted by national flag carrier Turkish Airlines, petrochemical firm Petkim and gold miner Koza.

Automotive tire producer Brisa was the best performer, with its shares up 6.97%, while stocks of automotive firm Karsan dropped the most, down 10%.

The price of one ounce of gold was $1,788.85 by market close, down from $1,814 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $65.90 per barrel as of 6.15 p.m. local time (1515GMT) on Thursday.

Exchange Rates Wednesday Thursday
USD/TRY 7.2090 7.2240
EUR/TRY 8.7550 8.8220
GBP/TRY 10.2060 10.2460

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