UDATE – Turkey’s Borsa Istanbul down at Friday’s close

Turkey’s benchmark stock index closed at 1,391.86 points on Friday, down by 1.34% from the previous close.

Starting the day at 1,413.99 points, Borsa Istanbul’s BIST 100 index lost 18.93 points from the previous close of 1,410.79 points.

The index’s lowest value during the day was 1,391.69 points, while its daily high was 1,414.88 points.

The total market value of the BIST 100 was around 979.7 billion Turkish liras (over $113.1 billion) by market close, with a daily trading volume of 10.49 billion Turkish liras ($1.2 billion).

On the fifth and final transaction day of the week, 17 stocks on the index rose, 82 fell and one was flat compared to Thursday.

The highest trading volumes were posted by national flag carrier Turkish Airlines, private lender Garanti BBVA, and iron and steel producer Kardemir.

Stocks of chemical firm Alkim was the best performer with its shares up 4.73%, while shares of conglomerate Bera Holding saw the sharpest drop of 9.94%.

The price of one ounce of gold was $1,785.50 by market close, up from $1,784.30 at the previous close, according to data from Borsa Istanbul’s Precious Metals and Diamond Markets.

The price of Brent crude oil was around $75.98 per barrel as of 6.53 p.m. local time (1553GMT).

Exchange Rates Thursday Friday

USD/TRY 8.7040 8.7310

EUR/TRY 10.3990 10.4510

GBP/TRY 12.1500 12.2140

Source: Anadolu Agency