Turkish stocks down at Friday's open

Borsa Istanbul's BIST 100 index falls over 11,000 points from previous close

Tuba Sahin   | 28.02.2020
Turkish stocks down at Friday's open


Turkey's benchmark stock index slipped 10%, or 11,086.38 points, on Friday to start the last transaction day of the week at 99,331.99 points.

At Thursday's close, Borsa Istanbul's BIST 100 index was down 4.13% at 110,418.37 points with a daily trading volume of 13.9 billion Turkish liras ($2.3 billion).

The U.S. dollar/Turkish lira exchange rate was 6.2480 as of 9.30 a.m. local time (0630GMT) on Friday, versus 6.1720 at the previous close.

The euro/Turkish lira exchange rate rose to 6.8750, versus 6.7760, and one British pound traded for 8.0680 Turkish liras. It was 7.9720 at Thursday's close.

One barrel of Brent crude oil sold for around $50.13 as of 10 a.m. local time (0700GMT) on Friday.

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