Turkish stocks looking up at Monday close

ANKARA

Turkey's benchmark stock index ended Monday up 1.09% to close at 1,178.35 points.

After starting the week at 1,170.54 points, Borsa Istanbul's BIST 100 index rose 12.65 points from 1,165.70 points at Friday's close.

On Monday, the BIST 100 hovered between 1,169.12 and 1,178.17 points – 51 stocks on the index rose and two fell compared to the previous close.

Closing the day with a market value of some 859 billion Turkish liras ($108 billion), the benchmark index posted a daily trading volume of 22 billion Turkish liras ($2.8 billion).

The highest trading volumes were posted by energy firm Odas and energy giant Petkim and private lender Garanti.

Food company Kerevitas Gida was the best performer, with its shares up 10%, while stocks of Coca Cola Icecek dropped the most, losing 2.43%.

The price of one ounce of gold was $1,870.00 by market close, down from $1,911.50 at the previous close, according to data from Borsa Istanbul's Precious Metals and Diamond Markets.

The price of Brent crude oil was around $41.73 per barrel as of 6.15 p.m. local time (1515GMT) on Monday.