Turkey's Borsa Istanbul Up At Weekly Close

Turkey's benchmark stock index went up 1.04% to 1,192.73 points at close on Friday.

After starting the last transaction day of the week at 1,184.97 points, Borsa Istanbul's BIST 100 index earned 12.30 points from Thursday's close of 1,180.43 points.

During the day, the index hovered between 1,184.97 and 1,190.51 points.

The total market value of the BIST 100 was around 872 billion Turkish liras ($112 billion) by market close, with a daily trading volume of some 19.3 billion Turkish liras ($2.44 billion).

The highest trading volumes were posted by petrochemical firm Petkim, glass manufacturer Sise and private lender Garanti.

Telecommunication company Alcatel Lucent Teletas was the best performer, with its shares up 10%, while stocks of pharmaceutical firm Deva dropped the most, losing 2.60%.

The price of one ounce of gold was $1,908.05 by market close, up from $1,844.00 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $42.93 per barrel as of 6.15 p.m. local time (1515GMT) on Friday.