World Bulletin / News Desk
Turkey's benchmark stock index started day with a 0.64 percent hike to open at 105,889.01 points on Tuesday.
Borsa Istanbul's BIST 100 index rose 674.14 points at the opening session. The index was up 1.6 percent to 105,214.87 points with a 5 billion Turkish lira ($1.3 billion) trade volume at Monday's close.
At the opening session on Tuesday morning, the banking and holding sector indices rose by 0.94 and 0.47 percent, respectively. The wholesale and retail trade sector performed the best at the opening -- up 1.03 percent -- while all sector indices recorded a rise.
One U.S. dollar traded for 3.8650 Turkish liras as of 9.30 a.m. local time (0630GMT) Tuesday, compared with the Monday's closing USD/TRY rate at 3.8970. The USD/TRY exchange rate was 3.9250 last Friday, after climbing to nearly 3.97 -- its historic high -- last month.
The EUR/TRY rate rose to 4.5880 on Tuesday morning, down from 4.6180 at the close on Monday.
The price of Brent oil fell to $62.36 per barrel as of 9.45 a.m. local time (0645GMT) Tuesday, compared with Monday's close at $62.74.
Eurostat says inflation down 0.1 percentage point from November
Some 10.74 million vehicles from VW or its subsidiaries ranging from Porsche and Audi to Skoda and Seat rolled out of dealerships last year -- an increase of 4.3 percent over the previous year, the carmaker said.
The publication cited an anonymous source close to regulators tackling online finance risks.
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Unemployment rate in October fell 1.5 percentage point year-on-year, says TurkStat
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About 12 minutes into trading, the Dow Jones Industrial Average was at 25,675.70, up 0.4 percent.
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Gas prices also rising in US, forecast to hit highest levels since 2014
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‘We think the recovery is firm and the momentum is there says World Bank Development Prospects Group Director
Fiscal, monetary policies pushed economy 'to a much stronger-than-expected rebound in growth,' bank says