BIST 100 Closed Thursday with a Fall

BIST 100 index closed Thurs day with a fall. BIST 100 index in Borsa Istanbul closed the day at 2,176.20 points, depreciating by 0.32 percent.

At the end of the day, the total transaction volume in the BIST 100 index, which decreased by 6.90 points compared to the previous close, was recorded as 33.4 billion TL. While the banking index depreciated by 1.87 percent at the close, the holding index gained 0.45 percent. Among the sector indices, forest, paper and printing were the highest earners with 1.52 percent, while the most declining was recorded as securities investment trusts with 3.45 percent. At the investor meeting, Şahap Kavcıoğlu, President of the Central Bank of the Republic of Turkey (CBRT) said, "Producer prices, except for managed and directed energy items, were largely reflected in consumer prices. We have diversified our proactive reserve management strategy that we have developed in recent months. We will continue to strengthen our reserves with the same determination." Analysts reported that Russian President Vladimir Putin's statement, "We plan to switch to Russian rubles in payments for natural gas sales to unfriendly countries," lowered the risk appetite in global stock markets. Stating that the developments regarding the Russia-Ukraine war remain at the center of the agenda, analysts stated that the news flow from the meetings that US President Joe Biden will attend in Europe may affect asset prices. Analysts, who stated that the statements of the US Federal Reserve and European Central Bank officials will be followed tomorrow, stated that the real sector confidence index and capacity utilization rate in the country, pending housing sales in the USA and Michigan consumer confidence index, Ifo business environment confidence in Germany will be monitored closely. It was stated that the BIST 100 index was at the resistance level of 2,220 points, and the levels of 2,160 and 2,130 were at the support position.