Economy

Turkey's Borsa Istanbul up over 1.5% at close

BIST 100 earns some 17 points from previous close

Gökhan Ergöçün   | 03.11.2020
Turkey's Borsa Istanbul up over 1.5% at close

ISTANBUL

Turkey's benchmark stock index was up 1.51% to close Tuesday at 1,150.71 points. 

Starting the day at 1,138.60 points, Borsa Istanbul's BIST 100 index earned 17.12 points over Monday's close of 1,133.59 points. 

During the day, the index hovered between 1,122.64 and 1,155.96 points. 

The total market value of the BIST 100 was around 849.2 billion Turkish liras ($101.38 billion) by market close, with a daily trading volume of 22.37 billion Turkish liras ($2.64 billion). 

On the second transaction day of the week, 62 stocks on the index rose, 35 fell, and three were flat compared to Monday. 

The highest trading volumes were posted by private lender Garanti, iron/steel producer Kardemir and glass manufacturer Sisecam.

Paper and carton producer Kartonsan was the best performer, with its shares up 10%, while stocks of state lender Industrial Development Bank (TSKB) dropped the most, losing 9.80%.

The price of one ounce of gold was $1,899.55 by market close, up from $1,890.25 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets. 

The price of Brent crude oil was around $40.10 per barrel as of 6.15 p.m. local time (1515GMT) on Tuesday. 

Exchange Rates Monday Tuesday 
USD/TRY 8.4410 8.5350 
EUR/TRY 9.8180 9.9950 
GBP/TRY 10.9430 11.1590 


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