BIST 100 Closed The Day With An Increase

BIST 100 closed the day with an increase. In Borsa Istanbul, the BIST 100 index gained 0.26 percent and finished the day with 1.541.98 points.

At the end of the day, the total transaction volume in the BIST 100 index, which increased by 3.94 points compared to its previous closing, was recorded as 25.2 billion liras. At the closing, the banking index lost 0.62 percent, while the holding index gained 0.37 percent. Among the indices of the sector, the highest earning was recorded as stone with 1.91 percent, while the most decline was recorded on sports with 2.63 percent. Analysts reported that the risk appetite on a global scale decreased after the statements made yesterday by the President of the US Federal Reserve (FED) Jerome Powell. While Powell's inability to alleviate concerns over bond yields and inflation accelerated the rise in bond yields, the dollar gained value against other currencies and commodities, and stock markets moved with sellers. BIST 100 index in Borsa Istanbul, which fluctuated throughout the day, started to increase with the positive effect of the decreases in foreign exchange rates after the statements of Naci Ağbal, the Governor of the Central Bank of Turkey (CBRT). CBRT Governor Naci Ağbal stated that their most important priority is to ensure price stability and make it permanent, and said, "We will continue to take firm steps towards achieving price stability through confidence-oriented monetary policy in the upcoming period." The analysts stated that the balance of payments, industrial production index and labor statistics data will be monitored in the next week, while the interest decision of the European Central Bank (ECB), growth in the Eurozone, inflation in China and the USA He stated that the agenda will be monitored abroad. In technical terms, analysts stated that the level of 1.505 is in support and the range of1.550 and 1.570 are in the resistance position for the BIST 100 index.