BIST 100 Index Closed the Day with a Decline

BIST 100 index closed the day with declining. The BIST 100 index in Borsa Istanbul ended the day at 1,441.33 points, losing 0.24 percent in value.

At the end of the day, while the BIST 100 index decreased by 3.54 points compared to the previous closing, the total transaction volume in half-day transactions due to the eve day was recorded as 6.8 billion TL. While the banking index lost its value by 0.19 percent at the closing, the holding index lost its value by 0.54 percent. Among the industry indices, construction was the most profitable with 3.68 percent, while the highest decline was recorded on sports with 4.42 percent. Analysts stated that the inflation concerns caused by the increase in commodity prices suppressed the stock markets. Indicating that the holiday that will last 4.5 days in the domestic markets has started, analysts stated that on the first day of the week of May 17, the intensive data agenda, especially the domestic budget balance and the industrial production in China will be monitored closely. In technical terms, analysts stated that the level of 1.470 is in the resistance position, and the levels of 1.440 and 1.390 are in the support position in the BIST 100 index.