BIST 100 Index Closed Monday With An Increase

BIST 100 index closed Monday with an increase. In Borsa Istanbul, the BIST 100 index gained 1.67 percent and ended the day with 1,421.15 points.

At the end of the day, the BIST 100 index increased by 23.33 points compared to its previous closing, and the total transaction volume was recorded as 15 billion liras. At the closing, the banking index gained 1.93 percent, while the holding index gained 2.46 percent. Among the sector indices, transportation was the most profitable with 5.97 percent, while most decline was recorded on financial leasing and factoring with 3.92 percent. BIST 100 index in Borsa Istanbul moved with buyers during the day when inflation was below market expectations. Analysts stated that with the 10-year interest rate of the USA falling to 1.60 percent, the risk appetite increased and a positive trend was observed domestically. It was stated that the real effective exchange rate data will be followed in the country tomorrow, while the manufacturing industry Purchasing Managers Index (PMI) to be announced in China and the UK, along with the US factory orders will be monitored abroad. In technical terms, analysts stated that in the BIST 100 index, the level of 1.440 stands out as resistance while the level of 1.340 stands out as support.