Turkish stock exchange opens higher on Wednesday

At the close of trading on Tuesday, Borsa Istanbul's BIST 100 index had fallen 0.75% to 7,950.06 points, with a daily trading volume of 91 billion liras (about $3 billion).

As of 10:10 a.m. local time (0710GMT), the US dollar was trading at 30.2890 against the Turkish lira. The euro/lira exchange rate stood at 32.9477, while the British pound was trading at 38.5005 liras.

In the commodities market, Brent crude oil was priced at approximately $79.59 per barrel. Meanwhile, gold was trading at $2,028.10 an ounce.