UPDATE – Turkish stocks up at year-end close

UPDATES WITH MORE DETAILS</p> <p>By Muhammed Ali Gurtas</p> <p>ANKARA (AA) – Turkey's benchmark stock index ended the last business day of 2018 up 0.92 percent to close at 91,270.48 points on Monday.</p> <p>Starting the day at 90,675.11 points, Borsa Istanbul's BIST 100 index climbed 835.15 points from last week's close.</p> <p>On Tuesday, the stock exchange market will be closed due to the New Year's Day official holiday.</p> <p>The BIST 100 peaked at 91,338.37 points while its daily low was 90,323.93 points during Monday's trading.</p> <p>As of daily close, the total market value of the benchmark index was around 589.7 billion Turkish liras ($112 billion), with a 2.28-billion lira ($432 million) in daily trade volume.</p> <p>By market capitalization, leading listed companies were Turkish conglomerate Koc Holding ($6.84 billion), private lender Garanti Bank ($6.35 billion), and energy company Tupras ($5.55 billion).</p> <p>The highest trade volumes were recorded by national flag carrier Turkish Airlines, private lender Garanti, and electrical company Gersan.</p> <p>On Monday, 71 stocks on the BIST 100 rose, 15 declined, and 14 were flat compared with the previous close. </p> <p>Stocks of Gersan Elektrik witnessed the highest increase, up 14.61 percent, while shares of events organizer Flap Kongre Toplanti Hizmetleri showed the worst performance with a 2.21-percent drop.</p> <p>One U.S. dollar traded for 5.2920 Turkish liras at daily close, while the USD/TRY exchange rate was 5.2720 by market close on Friday.</p> <p>The euro/Turkish lira exchange rate was 6.0550, versus 6.0490 at the previous close. </p> <p>One British pound traded for 6.7810 Turkish liras, up from Friday's close of 6.7060.</p> <p>In Borsa Istanbul's Precious Metals and Diamond Markets, the price of one ounce of gold was around $1,280.00 by market close, compared with $1,278.20 at the previous close.</p> <p>Hovering between $53.22 and $54.83 during the day, the price of Brent oil was around $53.32 per barrel as of 6.15 p.m. local time (1515GMT) on Monday.</p> <p> </p> <p> </p> <p>