ENERGY

Turkish assets rise slightly as oil prices fall

Turkish assets rose on Tuesday as tension eased in neighbouring Iraq, leading oil prices to fall and concern about Turkey's trade balance to diminish. (File photo: Reuters)

Turkish assets rose on Tuesday as tension eased in neighbouring Iraq, leading oil prices to fall and concern about Turkey's trade balance to diminish.

The main Istanbul share index closed up 0.43 percent at 79290.79, outpacing the MSCI index of emerging markets, which was little changed.

The Turkish lira firmed to 2.1240 against the dollar from 2.1311 late on Monday.

The yield on Turkey's 10-year benchmark government bond fell to 8.97 percent from 9.01 percent.

Markets were largely unaffected by manufacturing figures hat showed Turkey's calendar-adjusted industrial production expanded 3.3 percent year-on-year in May.
 

SHOW MORE
Last Update: Tuesday, 8 July 2014 KSA 21:17 - GMT 18:17
Top
BREAKING NEWS

Send to a friend

Close
Turkish assets rise slightly as oil prices fall
The main Istanbul share index closed up 0.43 percent at 79290.79, outpacing the MSCI index of emerging markets, which was little changed
Friend's name:
Friend's Email:
Sender's name:
Sender's Email:
Captcha Code
How are we doing?
X

How are we doing?

Name Name *
Email Email *
Country Country
Message Message *
Maximum 550 words allowed