Business

Turkey’s Borsa Istanbul down at Thursday’s open

As start of Russian military intervention in Ukraine batters global markets, BIST 100 index falls 153 points from previous close

Turkiye’s benchmark stock Borsa Istanbul index opened at 2,049.74 points on Thursday, falling 7.59% or 153.09 points from the previous close as investors showed concern over Russia’s military intervention in Ukraine.

The BIST 100 index was down 0.07% to close Wednesday at 2,016.13 points, with a daily trading volume of 27 billion Turkish liras ($2 billion).

The US dollar/Turkish lira exchange rate rose to 14.20 as of 10 a.m. local time (0700GMT),from 13.8460 at Wednesday’s close.

The euro/lira exchange rate traded for 15.9600, up from 15.6940 at the last close.

Brent crude oil sold for around $99.02 per barrel as of 10 a.m. local time (0700GMT), after hitting the $100 level for the first time since 2014 with the start of Russia’s intervention.

Source
AA

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