Turkey's Borsa Istanbul Up At Opening

Turkey's benchmark index started Tuesday with a 439.77-point increase to open at 90,134.82.



In opening transactions on the second business day of the week, the BIST 100 index rose 0.49 percent, while the banking and holding sector indices went up 0.58 percent and 0.55 percent, respectively.



Among all sectors, the investment trusts sector index was the best performer -- up 0.74 percent -- while the real estate investment trusts sector index started the day with the biggest decline, falling 0.11 percent.



At Monday's closing session, the benchmark index was up 687.65 points, or 0.76 percent, to close at 89,695.05 points, with a total trading volume of 3.3 billion Turkish liras (approximately $916.9 million).



The U.S. dollar/Turkish lira exchange rate slightly rose to 3.6180 at 9.30 a.m. local time (0730GMT) on Tuesday, compared with 3.6130 at Monday's close.



Analysts said investors will follow Federal Reserve Chair Janet Yellen's speech set for Tuesday. -