Turkish stocks end Monday up 1.65%


Turkey’s benchmark stock index ended the day up 1.65% to close at 100,087.79 points on Monday.

Starting the week at 99,267.44 points, Borsa Istanbul’s BIST 100 index rose 1,625.06 points from 98,462.73 points at Friday’s close.

During Monday’s trading, the BIST 100 hovered between 99,143.94 points and 100,153.32 points — 90 stocks on the index rose, nine fell, and one was flat compared to the previous close.

Closing the day with a market value of 679 billion Turkish liras ($119 billion), the benchmark index posted a daily trading volume of 3.6 billion Turkish liras ($629 million).

Shares of national flag carrier Turkish Airlines, Garanti BBVA, and defense company Aselsan saw the highest trading volumes on Monday.

Shares of energy company Odas Elektrik (ODAS) did the best, rising 5.45%, while stocks of Polyester manufacturer Sasa Polyester (SASA) did the worst, losing 7.74%.

An ounce of gold sold for $1,513.00 at the daily close in Borsa Istanbul’s Precious Metals and Diamond Markets, versus $1,506.65 at the previous close.

The price of Brent oil was $62.49 per barrel as of 6.00 p.m. local time (1500GMT) on Monday — with a day range of $61.28 to $62.7.

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