Tuesday, 02 January 2024 12:17 GMT

Türkiye's Stock Exchange Opens Monday Higher


(MENAFN) Türkiye's primary equity index launched Monday's trading session at 10,974.29 points, gaining 0.46% or 49.76 points from the previous close, signaling renewed investor confidence following Friday's decline.

The BIST 100 had retreated 1.34% on Friday, settling at 10,924.53 points with daily trading activity totaling 144.7 billion Turkish liras ($3.42 billion), reflecting cautious sentiment among market participants as the weekend approached.

At 10:20 a.m. local time (0720GMT), currency markets positioned the Turkish lira at 42.2290 against the U.S. dollar, 48.7950 versus the euro, and 55.5260 relative to the British pound, maintaining relatively stable levels across major foreign exchange pairs.

Gold prices reached $4,073.40 per ounce, while Brent crude oil traded at $63.95 per barrel, with both commodities showing modest movements in early trading activity.

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