World Bulletin / News Desk
In its opening transactions on the third business day of the week, the BIST 100 index rose by 0.39 percent.
The banking and holding sector indices went up 0.81 percent and 0.07 percent, respectively.
Among all sectors, the banking sector index was the best performer, while the worst performer was non-metal mineral products index, falling by 0.04 percent.
At Tuesday's closing session, the benchmark index was down 335.96 points, or 0.37 percent, to close at 90,904.49 points, with a total trading volume of 5.2 billion Turkish liras (approximately $1.4 billion).
The U.S. dollar/Turkish lira exchange rate decreased to 3.6970 at 9.30 a.m. local time (0630GMT) on Wednesday, compared with 3.7140 at Tuesday's close.
On Wednesday, there will be no major local data announcements, but the markets will continue to focus on this Sunday’s referendum.
Meanwhile, analysts said investors will follow the U.K.'s unemployment rate and the U.S.' budget balance, which are set to be released on Wednesday as well as geopolitical developments, especially in North Korea and Syria.
Nobel Ilac will use the loan to expand production and improve quality of medicines
The company said the deal would make Total the second-largest operator in the North Sea, with substantial operations in Britain, Norway and Denmark.
Volatility eased as traders focused on the world economy and corporate earnings after a week dominated by the dramatic spike in tensions over North Korea, which triggered a global sell-off before prices bounced back Monday.
Investors greeted the more conciliatory tone after US stocks dropped three days in a row last week on President Donald Trump's vow of "fire and fury" if North Korea continued to pursue its nuclear weapons and ballistic missile programs.
The ultra-conservative kingdom has moved to diversify its traditionally oil-dependent economy following a sharp fall in crude prices.
In its monthly report on the global oil market, the International Energy Agency said, however, that it believes the supply glut is easing, partly because demand is growing faster.
US stocks have been in retreat since President Donald Trump Tuesday issued a fiery warning to North Korea to halt its nuclear program.
The move by one of Japan's best-known firms greatly reduces the chance of an embarrassing delisting from the Tokyo Stock Exchange (TSE).
London's benchmark FTSE 100 index weakened by 0.5 percent to 7,503.39 points.
The approval by the European Commission comes just over two months after the European Central Bank -- which took on the role of the eurozone's banking supervisor in 2014 -- allowed the sale to go ahead for a symbolic fee of one euro.
BP, Chevron, ExxonMobil, Shell and Total have all published results in recent days, showing they pocketed $23 billion in net profit in the first half fo the year.
Higher cereal, sugar and dairy prices pushed food price index by 10.2 percent annually in July