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ECONOMY

Turkish stock exchange down at close

ISTANBUL

Türkiye’s benchmark BIST 100 stock index closed at 8,898.23 points on Thursday, marking a 1.27% decline from the previous day’s close.

The index started the trading day at 9,026.49 points but shed 111.64 points by the end of the session. During the day, BIST 100 hit a low of 8,869.84 points and a high of 9,159.33 points.

Out of all indexes, 38 recorded gains, while 59 saw declines. The total transaction volume reached 82 billion Turkish liras ($2.41 billion), with the overall market capitalization of the index standing at 7.7 trillion liras ($226 billion).

By 6:50 p.m. (1650 GMT), the Turkish lira stood at 34.1670 against the US dollar, 37.6755 against the euro, and 45.8340 against the British pound. Meanwhile, gold prices hit $2,650.55 per ounce, and Brent crude was trading around $76.70 per barrel.

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