BIST 100 Closed The Week Horizontally

BIST 100 index closed the week horizontally. Although the BIST 100 index in Borsa Istanbul closed the day at 2,175.51 points with a depreciation of 0.03 percent, it realized the highest weekly close of all time.

At the end of the day, the total transaction volume in the BIST 100 index, which decreased by 0.69 points compared to the previous close, was recorded as 23.2 billion TL. At the closing, the banking index lost 0.86 and the holding index lost 0.03 percent. Among the sector indices, tourism was the highest earner with 2.32 percent, and the most decline was recorded on insurance with 1.33 percent. Although the BIST 100 index closed the day at 2,175.51 points with a depreciation of 0.03 percent, it realized the highest weekly close of all time. BIST 30 index also closed the day with a decrease of 0.30 percent at 2,412.04 points. BIST 30 index also broke the weekly closing record despite ending the day with a decline. Analysts said that the war between Russia and Ukraine continues to be a determining factor on pricing on a global scale, and that the increasing tension between the USA and China also eroded the risk appetite. Analysts stated that the international credit rating agency Standard & Poor's is expected to evaluate Turkey next week and stated that the domestic economic confidence index, foreign trade balance, manufacturing industry Purchasing Managers' Index (PMI), growth and employment report in the USA, inflation in the Euro Zone, consumer confidence index, growth in England will be monitored closely. It was stated that the levels of 2.150 and 2.130 are in the support position and the level of 2.195 is in a position of resistance for in the BIST 100 index.