Borsa Istanbul closes midweek down over 4%

ANKARA

Turkey's benchmark stock index was down 4.50% to close Wednesday at 1.467,00 points.

Starting the day at 1,536.07 points, Borsa Istanbul's BIST 100 index lost 69.11 points over Tuesday's close of 1,536.11 points.

During the day, the index hovered between 1,469.27 and 1,541.01 points.

A total of four stocks on the index rose, while 96 fell compared to Tuesday's close.

The total market value of the BIST 100 was around 1.1 trillion Turkish liras ($149 billion) by Tuesday's close, with a daily trading volume of 34.3 billion Turkish liras (nearly $4.7 billion).

The price of Brent crude oil was around $55.81 per barrel as of 6.00 p.m. local time (1500GMT) on Wednesday.