Turkey's Borsa Istanbul hits all-time high at close

Turkey's benchmark stock index hit all-time high, increasing by 1.30% to close at 1,388.55 points on Monday.

After starting the week at 1,382.74 points, Borsa Istanbul's BIST 100 index increased 17.85 points from 1,370.70 points at Friday's close.

During the day, the index hovered between 1,378.19 and 1.394,58 points -- 81 stocks on the index rose,13 fell, compared to Friday.

The total market value of the BIST 100 was around one trillion Turkish liras ($129 billion) by market close, with a daily trading volume of 30.7 billion Turkish liras ($4 billion).

The price of Brent crude oil was around $49.85 per barrel as of 6.15 p.m. local time (1515GMT) on Monday.