Turkey's Borsa Istanbul flat at open

BIST 100 index up 0.15 pct while US dollar/Turkish lira and euro/Turkish lira rates stand at 3.8720 and 4.5440, respectively 

Turkey's Borsa Istanbul flat at open

World Bulletin / News Desk

Turkey's benchmark stock index, BIST 100, rose 159.89 points or 0.15 percent to open at 106,399.34 points on Monday.

The banking sector index went down 0.09 percent and the holding sector rose 0.20 percent.

Among all sectors, the textile leather sector index saw the biggest rise -- up 4.11 percent -- whereas the sports index had the highest decline, going down 1.15 percent.

At the close of trade on Friday, the BIST 100 was down 737.22 points -- 0.69 percent -- to 106,239.46 points. The day’s trading volume was 6.5 billion liras ($1.8 billion).

The U.S. dollar/Turkish lira exchange rate decreased to 3.8720 as of 9.30 a.m. local time (0630 GMT) on Monday, compared with Friday's close at 3.8890.

The lira gained value against euro with the EUR/TRY rate decreasing to 4.5440 on Monday morning, down from 4.5880 at the close on Friday.

Brent oil price stood at $62.50 per barrel stood at 0732 GMT on Monday, down 12 cents from its last close.

The Turkish Central Bank's lira-settled forward foreign exchange auctions will take place later on Monday. The auctions will be held for one-month, three-month and six-month maturities.

The Treasury, on the other hand, is set to reveal debt stock data for October due on Monday.

Last Mod: 20 Kasım 2017, 10:49
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