Borsa Istanbul hits another all-time high at open

By Can Erozden

ANKARA

Turkey's benchmark stock index hit a new all-time high to climb to 114,258.03 points in Thursday's opening session.

BIST 100 index rose 1,233.76 points or 1.09 percent in the opening session.

The banking and holding sector indices rose 1.23 and 1.25 percent, respectively.

All sector indices were up however the trade sector index performed the best, gaining 1.69 percent.

Turkey's benchmark stock index previously posted its highest close ever at 113,024.27 points along with the largest trade volume on Wednesday.

The U.S. dollar/Turkish lira exchange rate dropped to 3.8080 at 9.30 a.m. local time (0630GMT) on Thursday, compared with 3.8210 at Wednesday's close.

In addition, the euro/Turkish lira exchange rate went up to 4.4430 at 9.30 a.m. local time Thursday, compared with 4.4370 at Wednesday's close.

The price of Brent crude oil price dropped to $60.61 per barrel on Thursday at 9.30 a.m. local time, down from $60.90 at 6 p.m. local time (1500GMT) the previous day.