UPDATE – Borsa Istanbul up at Friday’s close

Turkey’s benchmark stock index closed at 1,378.28 points on Friday, up 0.39% from the previous close.

Starting the day at 1,376.88 points, Borsa Istanbul’s BIST 100 index gained 5.3 points from the previous close of 1,372.98 points.

The index’s lowest value during the day was 1,371.53 points, while its daily high was 1,381.74 points.

The total market value of the BIST 100 was around 1 trillion Turkish liras ($119 billion) by market close, with a daily trading volume of 10.2 billion Turkish liras ($1.1 billion).

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

Shares of pipe and tube producer Erbosan performed the best, rising 9.94%, while stocks of conglomerate Bera Holding did the worst, slipping 5.35%.

The price of one ounce of gold was $1,800.50 by market close, down from $1,811.65 at the previous close, according to data from Borsa Istanbul’s Precious Metals and Diamond Markets.

The price of Brent crude oil was around $75.78 per barrel as of 6:37 p.m. local time (1537GMT).

Exchange Rates Thursday Friday

USD/TRY 8.6820 8.6600

EUR/TRY 10.3110 10.2800

GBP/TRY 11.9910 12.0370

Source: Anadolu Agency