Turkey’s benchmark stock index starts on the red side

(MENAFN) The benchmark stock market index for Turkey started the day at 2,489.74 points, down 64.34 points, or 2.52%, from the previous end.

With a daily trading turnover of 34.99 billion Turkish lira ($2 billion), Bursa Istanbul’s BIST 100 index rose 0.43% to 2,554.08 points on Friday. .

The Turkish lira strengthened against foreign currencies following the banking watchdog’s decision on Friday night that restricts commercial lending for companies with a particular amount of foreign currency.

As of 10:00 a.m. regional time (0700 GMT), the US Dollar/Turkish Lira rate fell to 16.5870 from 17.3700 at the previous close.

One pound sterling was worth 20.3650 Turkish liras, against 21.3980 at the end of the previous week, and the euro/lira exchange rate fell to 17.5095 against 18.3120.

An ounce of gold cost $1,838.75, while Brent crude oil was selling for around $108.98 a barrel.

MENAFN27062022000045014146ID1104437705


Legal disclaimer: MENAFN provides the information “as is” without warranty of any kind. We assume no responsibility for the accuracy, content, images, videos, licensing, completeness, legality or reliability of any information in this article. If you have any complaints or copyright issues related to this article, please contact the provider above.

About Louis Miller

Check Also

Global central banks expected to hike rates this week

Yahoo Finance’s Jared Blikre breaks down Wall Street’s expectations for upcoming central bank policy changes. …