World Bulletin / News Desk
Turkey's benchmark stock index, BIST 100, rose 159.89 points or 0.15 percent to open at 106,399.34 points on Monday.
The banking sector index went down 0.09 percent and the holding sector rose 0.20 percent.
Among all sectors, the textile leather sector index saw the biggest rise -- up 4.11 percent -- whereas the sports index had the highest decline, going down 1.15 percent.
At the close of trade on Friday, the BIST 100 was down 737.22 points -- 0.69 percent -- to 106,239.46 points. The day’s trading volume was 6.5 billion liras ($1.8 billion).
The U.S. dollar/Turkish lira exchange rate decreased to 3.8720 as of 9.30 a.m. local time (0630 GMT) on Monday, compared with Friday's close at 3.8890.
The lira gained value against euro with the EUR/TRY rate decreasing to 4.5440 on Monday morning, down from 4.5880 at the close on Friday.
Brent oil price stood at $62.50 per barrel stood at 0732 GMT on Monday, down 12 cents from its last close.
The Turkish Central Bank's lira-settled forward foreign exchange auctions will take place later on Monday. The auctions will be held for one-month, three-month and six-month maturities.
The Treasury, on the other hand, is set to reveal debt stock data for October due on Monday.
BIST 100 index falls by over 2 percent at close, going down some 2,600 points from previous close
Policy rate, also known as one-week repo rate, remains same at 8 percent; lending rate rises 0.75 percent points
BIST 100 increases 0.29 percent; US dollar/Turkish lira exchange rate stands at 4.0850
Local units operating in manufacturing industry work at 77.3 pct capacity in April, says Central Bank
Public sector net borrowing falls by 3.5 billion pounds in 2017-18 financial year, says Office of National Statistics
Indices for service, retail trade, construction sectors fall in current month compared with March: Official data
Data monitoring company IHS Markit also flagged a slight slowdown in France, where strikes were interrupting a resurgent boom on the back of government reforms.
Treasury reports central government debt stock in March rises around 15 pct year-on-year, reaching nearly $235 billion
Sales to foreigners amounted to 1,827, 15.8 pct rise year-on-year, according to official report
BIST 100 slips 0.15 percent; US dollar/Turkish lira exchange rate stands at 4.0460
BIST 100 rises 0.01 percent; US dollar/Turkish lira exchange rate drops to 4.0250
Fresh hopes that Donald Trump and North Korea's leader Kim Jong Un will hold a historic summit within months also provided some much-needed optimism.
The fund cautioned that investors and financial markets expect a steady approach to monetary tightening based on the belief inflation will remain relatively tame.
Turkey's assets abroad go up 2.4 percent at end of February 2018, compared to end of 2017: Turkish Central Bank
BIST 100 decreases 0.12 percent; US dollar/Turkish lira exchange rate stands at 4.1020