Turkey's Borsa Istanbul Down Over 1.5 Percent At Close

Turkey's benchmark stock index closed Tuesday down 1.77 percent at 101,540.39 points with a trading volume of around 3.14 billion Turkish liras ($713.5 million).



Borsa Istanbul's BIST 100 index ended the day with a 1,830.03-point decrease from previous close of 103,370.42 points, while it opened the day at 102,264.89 points, down 1.07 percent.



The USD/TRY exchange hit its historic high with 4.4590 as of 5 p.m. local time (1400GMT) Tuesday, up from 4.3200 at Monday's close.



The euro/lira exchange rate also increased to 5.2740 by market close, versus 5.1760 at the previous close, and one British pound was traded at 6.0100 Turkish liras, compared with 5.8840 at Monday's close.



The BIST Gold Exchange index fell by 1.63 percent at the close. In Borsa Istanbul's Precious Metals and Diamond Markets, one ounce of gold traded for $1,296.50 as of 4.30 p.m. local time (1330GMT) Tuesday, compared with $1,318 at previous close.



The price of Brent oil reached $78.79 per barrel as of 18.00 p.m. local time (1500GMT) Tuesday. During the day, it hit its 43-month high with $79.25. It was over $85.8 in October 2014 and around $70.1 in November 2014. It saw around $34.70 per barrel as its lowest level at the beginning of 2016. -