Turkish stocks up 0.50% at midweek's open

ISTANBUL

Turkey’s benchmark stock index started the midweek at 101,212.50 points, up 0.50%, or 505.02 points.

On Tuesday, Borsa Istanbul’s BIST 100 index decreased by 0.55% to close the day at 100,707.48 points with a daily trading volume of 13.5 billion Turkish liras ($1.9 billion).

The U.S. dollar/Turkish lira exchange rate fell to 6.9890 as of 9.30 a.m. local time (0630GMT) on Wednesday, compared to 6.9980 at Tuesday’s close.

The euro/Turkish lira exchange rate also dropped to 7.5750, versus 7.5890, and one British pound traded for 8.7320 Turkish liras, versus 8.7370 at the previous close.

One barrel of Brent crude oil sold for around $23.20 as of 10 a.m. local time (0700GMT).

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