World Bulletin / News Desk
The BIST 100 index dropped 0.21 percent with the banking and holding sector indices down 0.07 percent and 0.04 percent respectively.
Among all sectors, the paper printing sector index was the best performer -- up 0.18 percent -- while the chemical, petrol and plastic sector index saw the greatest drop, falling 1.32 percent.
On Thursday's close, the BIST 100 was down 1,081.48 points or 1.19 percent to 89,870.68 with a total trading volume of 3.7 billion Turkish liras ($1 billion).
The U.S. dollar/Turkish lira exchange rate slightly rose to 3.6770 at 9.30 a.m. local time (0630GMT) Friday, compared to 3.6740 at Thursday’s close.
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