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Turkey's benchmark stock index climbed 2.04 percent to close at 98,631.27 points on Monday, while the value of the Turkish lira against the U.S. dollar hit a two-month high.
Starting the week at 97,346.96 points, Borsa Istanbul's BIST 100 index went up 1,973.85 points from last week's close of 96,657.42 points. For a third consecutive business day, the BIST 100 closed the day in the green, as it rose by 0.32 percent on Thursday and 2.02 percent on Friday.
By market close, the USD/TRY exchange rate fell to 5.7830, down from Friday's closing rate of 5.9320, marking the lira's best showing in two months.
The average U.S. dollar/Turkish lira exchange rate was 6.04 during the first two weeks of October, 6.38 last month, and 5.74 in August.
The euro/lira rate also showed a steep decline -- standing at 6.7020 versus 6.8510 at the previous close -- and one British pound exchanged for 7.6080 compared to 7.8240 at Friday's close.
One ounce of gold was sold for $1,225.00 at Monday's close in Borsa Istanbul's Precious Metals and Diamond Markets, while the price was $1,221.00 at the previous close.
The price of Brent oil was around $80.58 per barrel as of 6 p.m. local time (1500GMT), hovering between $79.86 and $81.86 during Monday's trading.
Since the beginning of this year, Brent oil price has risen from $66 a barrel. -
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