BIST 100 Closed Day With a Decrease
BIST 100 closed the day with a decrease. In Borsa Istanbul, the BIST 100 index lost 1.66 percent and ended the day with 1.473.45 points.
At the end of the day, the total transaction volume in the
BIST 100 index, which decreased by 24.88 points compared to the previous closing, was recorded as 30.2 billion TL.
At the closing, the banking index lost 1.47 percent, while the holding index lost 1.09 percent. Among the industry indices, while sports gained the most with 1.27 percent, communication was the most declining with 2.85 percent.
Analysts noted that there was a movement with sellers in the global stock markets, caused by the excessive volatility in GameStop stocks in the US stock market and subsequent developments, the liquidity problem originating from China and the uncertainty about the US stimulus package.
Analysts stated that domestic inflation data will be monitored next week, while the data in the employment report of the USA, the Purchasing Managers Index (PMI) to be announced worldwide, the interest rate decision of the Bank of England, and the growth in the Eurozone will be monitored abroad.
In technical terms, analysts stated that the levels of 1.470 and 1.440 are in the support position for the
BIST 100 index.