Turkey: Borsa Istanbul stocks flat at open

By Tuba Sahin

ANKARA (AA) – Turkey's benchmark stock index dropped 0.06 percent or 59.10 points to open at 102,070.89 points on Friday.

On Thursday, Borsa Istanbul's BIST 100 index rose 0.48 percent to close the day at 102,129.99 points with a daily trading volume of 8.74 billion Turkish liras ($1.65 billion).

The U.S. dollar/Turkish lira exchange rate fell to 5.2870 as of 9.30 a.m. local time (0630GMT), compared to Thursday's closing rate of 5.2990.

The euro/Turkish lira exchange rate slightly dropped to 5.9690, versus 6.0030 at the last close. One British pound traded for 6.7850 Turkish liras, as the GBP/TRY exchange rate was 6.8080 at market close on Thursday.

The price of Brent oil fell to $64.82 per barrel as of 10.00 a.m. local time (0700GMT) Friday.