Turkey's Borsa Istanbul climbs above 2,000 with new records

ANKARA

Turkey's benchmark stock index ended with gains on Wednesday, climbing above 2,000 points for the first time in history.

The index hit another record closing of 2,004.55 points and the intraday all-time high of 2,012.14 points during the session.

Starting the day at 1,997.15 points, Borsa Istanbul's BIST 100 index gained 23.51 points, or 1.19%, from the previous close of 1,981.04 points.

The index's lowest value during the day was 1,977.85 points, while its daily high was 2,012.26 points.

The total market value of the BIST 100 was around 1.6 trillion Turkish liras ($118.2 billion) by market close, with a daily trading volume of approximately 50.5 billion Turkish liras ($3.7 billion).

While 62 stocks on the index rose during the day, 35 fell and three remained unchanged compared to Tuesday's close.

The highest trading volumes were posted by national flag carrier Turkish Airlines, private lender Garanti BBVA, and glassmaker Sise Cam.

Shares of agricultural insecticide producer Hektas performed the best with its shares up 9.99%, while stocks of conglomerate Verusa Holding​​​​​​​ saw the sharpest drop, 2.79%.

One ounce of gold traded for $1,790.15 by market close, up from $1,781.00 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was down 0.04% to $75.41 per barrel as of 6.30 p.m. local time (1530GMT).