The key facts
- BIST 100 opened on Friday at 11,234.39 points, up 0.12% (14.02 points)
- On Thursday the index closed down 3.08% with a trading volume of 111 billion liras ($2.24 billion)
- The lira traded at 49.7375 per dollar, gold at $4,014.20 per ounce, Brent at $114.28 per barrel
Market opening and data from the previous session
The benchmark BIST 100 index of the Istanbul Stock Exchange opened trading on Friday at 11,234.39 points, up 14.02 points, or 0.12%, from the close of the previous session, the Anadolu agency reports. The day before, on Thursday, the index closed down 3.08% at 11,220.37 points, with a daily trading volume of 111 billion liras (about $2.24 billion).
Exchange rates and commodity prices
As of 09:50 local time (06:50 GMT), the lira traded at 49.7375 per US dollar, 55.8065 per euro and 66.6325 per British pound. Gold was priced at $4,014.20 per ounce, and Brent crude futures at $114.28 per barrel.
Context
The slight rise at the opening contrasts with Thursday's notable drop, when the index lost more than 3%. The source gives no reasons for either the decline or the subsequent recovery, so it is impossible to speak about the drivers of the movement based on the published data alone. For market participants, the levels themselves matter: the lira exchange rate and the gold and oil prices cited in the publication serve as benchmarks for valuing assets and costs on the current date.
