Turkey’s Borsa Istanbul up nearly one percent at open

Turkey’s stock exchange rose by 0.95 percent, or 900.63 points, to open at 95,319.78 on September 14. On the last transaction day of the week, the banking and holding sector indices gained 1.52 percent and 0.92 percent, respectively. While all sector indices started the day on the rise, the BIST banking index was the top gainer. On September 13, Borsa Istanbul’s BIST 100 closed at 94,419.15, up 2.38 percent, or 2,191.78 points, with a trading volume of 10 billion Turkish liras ($1.62 billion). The USD/TRY exchange fell to 6.0470 as of 9.30 a.m. local time on September 14, compared to 6.1590 at the previous close. The EURO/TRY exchange decreased to 7.0810 by market open, versus 7.2180 at the previous close, while one British pound traded for 7.9555 Turkish liras - from 8.1190 on September 13’s close. The price of

Brent oil stood at $78.34 per barrel as of 10.00 a.m. local time September 14, compared to $78.36 on September 13, while it was around $66 at the beginning of this year.