(MENAFN) The Turkish benchmark stock index, Borsa Istanbul's BIST 100, opened at 10,494.72 points on Wednesday, marking a 0.46 percent increase, or 48.48 points, from the previous close. This upward movement followed a significant rise on Tuesday when the index climbed by 1 percent, reaching 10,446.24 points. The daily transaction volume on Tuesday was substantial, amounting to 76 billion liras (USD2.33 billion), indicating active trading and investor confidence in the market.

In the currency market, the exchange rates for the Turkish lira showed notable figures. As of 9.51 a.m. (0651GMT) on Wednesday, the US dollar/Turkish lira (USD/TRY) exchange rate stood at 32.6110. The exchange rates for the euro and the British pound against the Turkish lira were also significant, with the EUR/TRY rate at 35.0323 and the GBP/TRY rate at 41.3628. These figures reflect the current economic conditions and the strength of the Turkish lira against major foreign currencies.

Additionally, the price of precious metals and commodities provided insight into the broader economic context. The price of one ounce of gold was recorded at USD2,346.15, indicating investor interest in safe-haven assets. Meanwhile, the price of Brent crude oil was around USD86.72 per barrel, showcasing the ongoing trends and fluctuations in the global oil market. These prices are crucial indicators of economic stability and investor sentiment in both local and international markets.

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