BIST 100 Closed The Week With A Record

BIST 100 index closed the week with a record. BIST 100 index in Borsa Istanbul completed the day at 2,251.68 points with a value gain of 0.82%, and realized the highest weekly close of all time.

At the end of the day, the total transaction volume in the BIST 100 index, which increased by 18.38 points compared to the previous close, was recorded as 40.7 billion TL. At the closing, the banking index gained 1.06%, while the holding index depreciated by 0.23%. Among the sector indices, financial leasing and factoring earned the most with 4.22 percent, and the most decline was recorded on tourism with 2.64 percent. BIST 100 index, which carried the upward trend for the fifth week in a row, brought the weekly closing record to 2,251.68 points. BIST 30 index also closed the day with an increase of 0.95 percent at 2,500.71 points and broke the weekly closing record. Analysts drew attention to the fact that the BIST 100 index diverged positively, despite the ongoing uncertainties regarding the Russia-Ukraine war and the increasing recession concerns in global markets. Analysts stated that data on inflation, export figures, treasury cash balance in the country, factory orders in the USA, retail sales in the Euro Zone, and the non-manufacturing Purchasing Managers Index (PMI) to be announced worldwide will be monitored closely. In technical terms, it was stated that the levels of 2.150 and 2.130 are in the support position and the level of 2.300 stands out as the resistance for the BIST 100 index.