BIST 100 Index Closed Monday with a Record

BIST 100 index closed Monday with a record. In Borsa Istanbul, the BIST 100 index gained 1.05 percent and closed the highest of all time with 1,755.48 points.

At the end of the day, while the total transaction volume increased by 18.16 points compared to the previous closing, the total transaction volume was recorded as 24.2 billion TL. While the banking index depreciated by 0.54 percent at the close, the holding index gained 0.57 percent. While forest, paper and printing were the highest earners among the sector indices with 4.11 percent, the most decline was recorded on communication with 1.03%. The BIST 100 index, which followed a positive course throughout the day, completed the day with a 1.05 percent gain in value, bringing the closing record to 1,755.48 points. Analysts said that despite the increased optimism in the markets after the announcement that US President Joe Biden will nominate Jerome Powell as the Chairman of the US Federal Reserve (Fed) for a second term, the effects of the coronavirus restrictions implemented in Europe and the concerns that the Fed may abandon the supportive monetary policies earlier than expected continue in the global stock markets.