World Bulletin / News Desk
Turkey's benchmark stock index, BIST 100, rose 275.23 points or 0.26 percent to open at 108,016.93 points on Monday.
The banking and holding sector indices were up 0.22 percent and 0.26 percent, respectively.
All sectors gained value while the tourism sector index was the best performer with a 0.50-percent rise.
The U.S. dollar/Turkish lira exchange rate rose to 3.4440 at 9.30 a.m. local time (0630GMT) on Monday, compared with 3.4350 at Friday’s close.
The BIST 100 was down 502.53 points, or 0.46 percent, to reach 108,244.22 points at close on Friday, with a total trading volume of 4.4 billion Turkish liras (nearly $1.28 billion).
Analysts said the market would focus on the Eurozone's August inflation figures set to be released on Monday.
In a statement, it said this reduction in the tax burden would however lead to a slower drop in the public deficit this year, which it predicts will reach 2.5 percent of GDP -- still below the 3.0 percent limit set by the European Union.
Ryanair said it has agreed to pay the sum for a majority 75-percent holding in Vienna-based LaudaMotion from the former Formula One motor racing champion.
The tech-rich Nasdaq Composite Index dropped 1.8 percent to close at 7,344.24.
CPI’s 12-month rate in February fell from 3 percent, official data reveals
Cement exports have gone up 6.9 percent to reach around 8 million tons, year-on-year, in 2017
BIST 100 rises 0.51 pct; USD/TRY exchange rate drops and EUR/TRY exchange rate stays
Of the major indices, Facebook weighed most heavily on the tech-rich Nasdaq Composite Index, which was down 0.9 percent to 7,411.34 about 20 minutes into trading.
Company to release new commercial and defense products, head of company says
EA19's exports and imports rise 9.1 percent and 6.3 percent, respectively, year-on-year in January
Micro Focus warned in a statement that year-on-year revenues had fallen by more than anticipated since January, sending its shares slumping 55.88 percent to 831.40 pence.
Economy minister: Ankara 'absolutely' against Russia's limit on number of companies importing Turkish tomatoes
Turkey's assets abroad climb 2.1 pct at end of January 2018, compared with end-2017, according to Turkish Central Bank
BIST 100 opens 0.04 pct lower, Turkish lira loses value against foreign currencies
Listed shares in BIST 100 rise 0.01 percent; US dollar/Turkish lira rate climbs over 3.90; EUR/TRY stands at 4.80
Turkey bridges Muslim world and West, according to General Council for Islamic Banks and Financial Institutions
Britain intends to seek free trade deals with its major trading partners once it leaves the EU, as planned, in March 2019.