Turkey’s benchmark stock index closed the day at 103,780.58 points on Thursday, down 1% from the previous close.

Borsa Istanbul’s BIST 100 index started the day at 104,306.92 points. As of the daily close, it lost 1,047.60 points from Wednesday’s close of 104,828.18 points.

During Thursday’s trading, the index hovered between 103,308.50 points and 105,164.71 points.

The total market value of the BIST 100 was around 706.13 billion Turkish liras ($122.65 billion) by market close, and the daily trading volume was 10 billion Turkish liras (some $1.75 billion).

Read more: Turkey's Borsa Istanbul down at close