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Turkish stocks open Friday on high note

Turkey’s benchmark stock index opened Friday at 1,370.32 points, rising 0.22% or 3.07 points from the previous close.

At Wednesday’s close, Borsa Istanbul’s BIST 100 index was up 1.52% at 1,367.25 points, with a daily trading volume of 10.29 billion Turkish liras ($1.19 billion).

There was no transaction on Thursday due to the Democracy and National Unity Day that marked the anniversary of the July 15, 2016 defeated coup.

The US dollar/Turkish lira exchange rate fell to 8.5600 as of 9.30 a.m. local time (0630GMT) on Friday, down from 8.6020.

One euro traded for 10.1400 Turkish liras, versus 10.1690 at Thursday’s close while British pound/Turkish lira exchange rate fell to 11.8300, down from 11.9760.

One barrel of Brent crude oil sold for around $73.10 as of 10 a.m. local time (0700GMT).

Source: Anadolu Agency