Turkey's Borsa Istanbul starts week up
After one-day holiday break, BIST 100 index rises 762.07 pts from Friday's close, USD/TRY exchange rate stands around 5.71
ANKARA
Turkey's benchmark stock index started the week up 0.78% or 762.07 points to open at 97,860.40 points on Tuesday, after one-day holiday break due to Democracy and National Unity Day on July 15.
On Friday, Borsa Istanbul's BIST 100 index dropped 2.32% to close the week at 97,098.34 points with a daily trading volume of 6.85 billion Turkish liras ($1.2 billion).
Last week, the benchmark index posted a 2.55% decline. At the beginning of this year, the BIST 100 hovered around 89,000 points.
The U.S. dollar/Turkish lira exchange rate was 5.7150 as of 9.30 a.m. local time (0630GMT) on Tuesday, as it was 5.7530 at Friday's close.
The euro/Turkish lira exchange rate stood at 6.4365, versus 6.4710, and one British pound traded for 7.1530 Turkish liras, compared to 7.2350.
One barrel of Brent oil was sold for $66.48 as of 10 a.m. local time (0700GMT) on Tuesday.
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