Turkish stock market opens higher
The Turkish benchmark stock index, the BIST 100, started Friday's trading session on an upbeat note, climbing 0.48% or 43.33 points to open at 8,993.12 points.
cumhuriyet.com.trFollowing a robust performance at Thursday's close, where it surged 1.21% to a record finish of 8,949.79 points, the market continued its upward trajectory. This rise came alongside a notable daily trading volume of 121 billion liras ($3.95 billion).
As of 10:20 a.m. local time (GMT 07:20), the US dollar to Turkish lira (USD/TRY) exchange rate was at 30.6840. Meanwhile, the Euro (EUR/TRY) and the British Pound (GBP/TRY) exchange rates were at 33.0990 and 38.7490, respectively.
In the commodities market, gold was priced at $2,048.55 per ounce, and Brent oil hovered around $81.50 a barrel, indicating global market trends and investor sentiments towards safe-haven assets and energy commodities.