World Bulletin / News Desk
Borsa Istanbul's BIST 100 index rose 350.32 points in the opening session. On Wednesday, the index was up 0.25 percent to close at 110,454.67 points, with a 5.5 billion Turkish liras (nearly $1.44 billion) trade volume.
At the opening session on Thursday morning, the banking and holding sector indices increased 0.53 and 0.05 percent, respectively.
Among all sector indices, the leasing and factoring sector index was the best performer, rising 1.47 percent, while the food and beverage sector index saw the biggest decline, falling 0.11 percent.
One U.S. dollar traded for 3.8320 Turkish liras as of 9.30 a.m. local time (0630GMT) Thursday, compared with Wednesday's closing USD/TRY rate of 3.8290.
The EUR/TRY rose to 4.5520 on Thursday morning, compared to 4.5370 at the close on Wednesday.
The price of Brent oil hovered around $64.50 per barrel as of 9.30 a.m. local time (0630GMT) Thursday, compared with its previous close at $64.56.
Net profit at the Frankfurt-based group fell 79 percent year-on-year to 120 million euros ($146 million).
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