Turkish stocks dip in midweek trading

The Turkish benchmark stock index, BIST 100, opened at 7,282.21 points on Wednesday, marking a decrease of 0.23% or 17.13 points from the previous day's close. This slight downturn follows Tuesday's closing at 7,299.33 points, which represented a 0.47% increase. The total transaction volume for Tuesday was reported at 60 billion Turkish liras (approximately $2.06 billion).

Exchange Rates and Commodity Prices

The USD/TRY exchange rate stood at 29.3710 as of 18.05 a.m. local time (1505GMT), while the exchange rates for the Euro and the British Pound against the Turkish Lira were 32.4430 and 37.3910, respectively. In the commodities market, gold was trading at $2,076.65 per ounce, and the Brent oil price hovered around $80.95 per barrel.