World Bulletin / News Desk
The banking and holding sector indices fell 2.02 and 1.45 percent, respectively. The food and beverage sector index was the sole index to gain at the open -- up 0.45 percent -- while the BIST transportation index saw the worst opening with a 2.55 percent decline.
On Wednesday, Borsa Istanbul's BIST 100 index rose 0.85 percent to close at 96,973.85 points with a trading volume of some 7.7 billion Turkish liras ($1.46 billion), hovering between 95,969.57 points and 97,260.43 points during the sessions.
The U.S. dollar/Turkish lira exchange rate was 5.3940 as of 9.30 a.m. local time (0630GMT), compared with Wednesday's closing rate of 5.2840.
The euro/lira rate rose to 6.2710 on Thursday morning, versus 6.1270 at the previous close, while one British pound was traded for 6.9620 Turkish liras, up from 6.8060 at Wednesday's close.
The price of Brent oil was $72.37 per barrel as of 10 a.m. local time (0700GMT) Thursday, starting the day at $72.25, while it was around $66 at the beginning of this year.
BIST 100 index surpasses 90,000 points before going into four-and-a-half-day break
Deal aims to enhance cooperation between two banks through setting a two-way currency exchange line
President Nicolas Maduro has described the move as a "great change" as the government attempts to halt spiraling hyperinflation that the International Monetary Fund predicts will hit a staggering one million percent this year.
The year-over-year increase in consumer prices was the largest since September 2011 and follows a 2.5 percent rise in June of this year. Analysts had expected it to remain flat.
Consumer confidence index stands at 68.3 this month, compared to 73.1 in July, according to official data
Euro area goods trade surplus reaches nearly $110B, EU28 deficit at $4B, say Eurostat figures
BIST 100 rises above 1,200 points, Turkish lira gains value against foreign currencies
Use of dollar as tool of pressure will result in its refusal as means in international payments, says top Duma deputy
Excluding interest payments, central government's budget balance saw surplus of nearly $1.95B last month
Regulation enters into force on Sept. 1, says Official Gazette
Foreigners buy over 2,800 houses, marking 65.6 percent rise year-on-year, according to TurkStat
BIST 100 rises above 1,600 points, Turkish lira gains value against foreign currencies
Amazon on course to join Apple as world’s only companies worth over $1 trillion