World Bulletin / News Desk
The stock market opened higher on Friday with strong macroeconomic data.
The Dow added 47 points to begin trading at 21,368 points, and the S&P 500 rose 6 points to 2,416 points.
The Nasdaq increased 27 points to begin the last trading day of the week at 6,116 points.
American economy added 222,000 new jobs in June, according to the U.S. Department of Labor earlier Friday. The market expectation was a 177,000 increase.
Job gains for April and May were also revised up by the Department of Labor.
New jobs for May were revised to 152,000 from 138,000, while April’s job gains were increased to 207,000 from 174,000.
This brought the last three-month average in new jobs up to 194,000.
BIST 100 index rises 0.44 pct while US dollar/Turkish lira rate falls to 3.49
The day before, the dollar had rallied against both main rivals and the Dow reached a fresh record high after the US central bank kept alive the chance of a December increase in American borrowing costs.
Monthly index sees decline of 3.4 pct, according to Turkish Statistical Institute
BIST 100 index decreases 0.31 pct while US dollar/Turkish lira rate rose to 3.51
Frankfurt equities sagged despite a rally for shares in German heavy industry giant ThyssenKrupp, which announced a deal with Indian group Tata to merge their steel operations in Europe.
BIST 100 index drops 0.02 pct while US dollar/Turkish lira rate stands over 3.48
The move was seen as a bid to weather US-imposed sanctions on the embattled country.
Regulators decided in May to fine Banco Popolare di Vicenza a total of 11.2 million euros ($13.4 million), the ECB said in a press release.
BIST 100 index rises slightly 0.09 pct while US dollar/Turkish lira rate falls to 3.43
BIST 100 index rises 0.10 pct while US dollar/Turkish lira rate stands around 3.46
Borsa Istanbul's BIST 100 index goes down 0.89 pct at close, USD/TRY rate stands around at 3.44