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Another Closing Record from the Stock Market!

Another closing record from the stock market! In Borsa Istanbul, the BIST 100 index gained 2.78 percent and closed the day with 1.294.72 points.

Yazar: Eylem Özer

Yayınlanma: 18 Kasım 2020 21:52

Güncellenme: 5 Kasım 2024 18:28

Another Closing Record from the Stock Market! Another closing record from the stock market! In Borsa Istanbul, the BIST 100 index gained 2.78 percent and closed the day with 1.294.72 points. With this level, the BIST 100 index closed at an all-time high. In the BIST 100 index, which increased by 35 points compared to its previous closing, the total transaction volume was recorded as 35.1 billion. At the end of the day, the banking index increased by 5.05 percent while the holding index gained 2.41 percent. Among the industry indices, metal was the main industry with 7.75 percent, while the highest loss was recorded on tourism with 0.27 percent. Rising under the leadership of banking stocks, the BIST 100 index realized its all-time closing with 1,294.72 points. Thanks to the positive news about the new type of coronavirus (Covid-19) vaccine and the emphasis of President Erdogan's 'new era in the economy', it was reported that interest in TL assets intensified. In addition, analysts say, Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (MPC) meeting would be effective in determining the direction of the market. In technical terms, analysts stated that the levels of 1.310 and 1.320 are in the resistance position and 1.280 points are in the support position in the BIST 100 index.
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