Economy

Turkey's Borsa Istanbul up 2.65% at midweek close

BIST 100 index gains over 36 points from previous close

Aysu Bicer | 24.03.2021 - Update : 24.03.2021

ANKARA

Turkey's benchmark stock index closed Wednesday at 1,413.86 points, up 2.65%.

Starting the day at 1,377.37 points, Borsa Istanbul's BIST 100 index rose 36.44 points from Tuesday's close at 1,377.43 points.

During the day, the index hovered between 1,371.72 and 1,405.37 points. Ninety-nine stocks on the index rose while one fell compared to the previous close.

The total market value of the BIST 100 was around 1.08 trillion Turkish liras ($139 billion) by market close, with a daily trading volume of 30.3 billion Turkish liras (nearly $4 billion).

The highest trading volumes were posted by private lender Garanti BBVA, chemical giant Petkim, and polyester producer Sasa.

Shares of cement producer Konya Cimento was the best performer, rising 10%, while stocks of conglomerate Dogan Holding dropped the most, 0.61%.

The price of one ounce of gold was $1,731.00 by market close, down from $1,741.20 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $63.45 per barrel as of 6.15 p.m. local time (1515GMT) on Wednesday.