TURKEY ECONOMY

Turkey's Borsa Istanbul up at opening

BIST 100 index increases 0.38 percent while US dollar/Turkish lira rate stands at 3.56

Anadolu Agency

Turkey’s BIST 100 stock index rose 387.48 points -- 0.38 percent -- to open at 103,038.58 points on Friday.

The banking and holding sector indices increased 0.50 percent and 0.24 percent, respectively.

Among all sectors, the metal products machinery sector index was the best performer, rising 0.97 percent, while the investment trusts sector index started the day with the biggest fall, losing 0.15 percent.

The BIST 100 was up 1,432.80 points -- 1.42 percent -- to 102,651.10 points at close on Thursday. The day’s trading volume was 5 billion Turkish liras (around $1.4 billion).

The U.S. dollar/Turkish lira exchange rate was stable at 3.5620 liras to the dollar at 9.30 a.m. local time (0630GMT) Friday, compared with 3.5650 at Thursday’s close.

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