World Bulletin / News Desk
On the fourth transaction day of the week, the BIST 100 index rose by 0.40 percent.
The banking and holding sector indices went up by 0.70 percent and 0.15 percent, respectively.
Among all sectors, the banking sector index was the best performer while the insurance index started the day with the biggest decline, falling by 0.64 percent.
The BIST 100 was down 569.65 points or 0.62 percent to reach 90,804.13 with a total trading volume of 5.8 billion Turkish liras ($1.58 billion) at close on Wednesday.
The U.S. dollar/Turkish lira exchange rate declined to 3.6670 at 9.30 a.m. local time (0630GMT) Thursday, compared with 3.6700 at Wednesday’s close.
Meanwhile, Turkey's consumer confidence and non-domestic producer price indexes were announced on Thursday.
According to the Turkish Statistical Institute, Turkey’s consumer confidence index increased by 5.1 percent to 71.3 points in April, compared to 67.8 in March.
The central government's domestic and external debt statistics are set to be released by Turkey's Treasury Undersecretariat on Thursday.
Bourses in both Paris and Frankfurt dipped after a report from data monitoring company IHS Markit showed Eurozone private sector business activity slowed sharply in June while staying in expansion mode.
Analysts said that while the downturn in the headline readings was disappointing, the economy continued to put in a strong performance.
Crude prices stabilised after diving more than two percent on Tuesday on increasing fears of a global supply glut, as continued production in the US and elsewhere offsets an OPEC output cut deal.
Move estimated to save company $1B in investment costs
However, most other regional markets struggled after Monday's healthy gains, despite being given a positive lead from Wall Street where the Dow and S&P 500 closed at fresh record highs.
The purchase in one fell swoop gives Amazon, which until now has operated almost entirely on the internet, a big presence in the brick-and-mortar world on Main Street, with more than 450 stores in the US, Canada and Britain.
"The Bank of Russia Board of Directors decided to cut the key rate to 9.00 percent per annum," the bank said in a statement. The cut follows a half-point decrease in late April.
Equity traders have suffered a fraught week as the crisis engulfing Donald Trump picks up pace, technology firms tumbled from recent highs and energy plays were hammered by plunging oil prices.
"In May 2017, passenger car registrations across the EU increased by 7.6 percent to 1.387 million units," ACEA said in a statement.
In the eurozone, Frankfurt's DAX 30 index climbed 0.4 percent to 12,746.05 points, and the Paris CAC 40 gained 0.5 percent to 5,243.53 compared with the close on Thursday.
Eastern Mediterranean gas deposits discussed at high-level meeting in Thessaloniki
While a "rebalancing of the market" was "underway," it was "at a slower pace than originally anticipated," the Organization of Petroleum Exporting Countries wrote in its latest monthly oil market report.