Local Turkey

Turkish stocks open midweek on high note

BIST 100 index gains 7.6 points from previous close

Turkey’s benchmark stock index opened at 1,393.25 points on Wednesday, rising 7.64 points or 0.55% from the previous close.

Borsa Istanbul’s BIST 100 index slipped 0.45% to end Tuesday at 1,385.61, with a daily trading volume of around 12.4 billion Turkish liras ($1.4 billion).

The US dollar/Turkish lira exchange rate was down to 8.6250 as of 9:30 a.m. local time (0630GMT),versus 8.6570 at the previous close.

The euro/Turkish lira exchange rate stood at 10.1090 compared to 10.1530, while one British pound traded for 11.7960 Turkish liras, versus 11.8460 at the previous close.

One barrel of Brent crude oil was sold for $75.38 as of 10 a.m. local time (0700GMT).

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