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.
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.
Net profits at the group rose 33.1 percent to hit 2.36 billion euros ($2.92 billion), higher than the 2.28 billion predicted by analysts.
About 45 minutes into trading, the Dow Jones Industrial Average was at 24,867.00, up 0.4 percent.
Low-cost carrier to offer direct flights to Dalaman from Dublin and Bratislava starting June
"Preliminary national accounts results for 2017 show an increase of 7.8 percent in GDP... compared with 2016," Jennifer Banim, an assistant director general at the Central Statistics Office (CSO), said in a statement.
Unemployment rate falls 2.3 percentage points year-on-year in December to 10.4 pct
"It is time to forget about ideological trench warfare," Francois Villeroy de Galhau told a Frankfurt conference.
In January, euro area and EU28's industrial production drops in January compared to previous month, Eurostat says
In a statement, Siemens said it had signed an accord with APEX, Brazil's Trade and Investment Promotion Agency, committing to a string of projects to "unleash a new cycle of sustainable growth" in the country of 207 million people.
The US supply increase is expected to come as the Organization for Petroleum Exporting Countries, dominated by oil giant Saudi Arabia, works with Russia to slash output after prices for crude plummeted to around $30 per barrel in 2016 from over $100 two years earlier.
Emerging trends, challenges and business opportunities in Islamic finance industry will be discussed during 2-day event
BIST 100 rises 0.05 percent, US dollar/Turkish lira exchange rate stays put, euro/lira exchange rate goes up
Turkey and Sudan can build joint industrial zones, says Turkish technology minister