Business

Borsa Istanbul stocks up at Thursday’s open

BIST 100 index gains over 31 points in opening session

Turkey’s benchmark stock index opened at 1,835.33 points on Thursday, up 1.73%, or 31.18 points, from the previous close.

The BIST 100 index of Borsa Istanbul closed at 1,804.15 points on Wednesday, with a daily trading volume of 42 billion liras ($3.37 billion).

The recovery of the Turkish lira also continues following Monday’s announcement of government measures to shore up its value.

The US dollar/Turkish lira exchange rate dropped to 11.9430 as of 9.30 a.m. local time (0630GMT),versus 12.4580 at the previous close.

The euro/lira exchange rate was down to 13.5930 from 14.1010, while a British pound traded for 16.0490 liras, down from 16.6670.

A barrel of Brent crude oil was sold for around $75.43 as of 10 a.m. local time (0700GMT).

Source
AA

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