Turkish stock exchange begins 2024 on a positive note

On Tuesday, the first trading day of 2024, it opened at 7,542.25 points, a 0.96% increase, or a gain of 72.07 points from its previous close.

Borsa Istanbul's BIST 100 index concluded 2023 on a high note, closing at 7,470.18 points on Friday, marking a 1% rise. The day's trading volume reached 72 billion Turkish liras (approximately $2.45 billion).

As of 10.15 a.m. local time (0715GMT) on Tuesday, the US dollar was trading at 29.6885 Turkish liras, while the euro/lira exchange rate stood at 32.7710. The British pound was trading at 37.8120 Turkish liras.

In commodities, Brent crude oil was priced at around $78.50 per barrel. Meanwhile, gold was trading at $2,084.20 per ounce.