BIST 100 Index Closed the Day with a Fall on October 15
BIST 100 index closed the day with a fall on October 15. BIST 100 index depreciated by 0.15 percent in Borsa Istanbul and ended the day at 1,409.56 points.
At the end of the day, the total transaction volume in the
BIST 100 index, which decreased by 2.18 points compared to the previous close, was recorded as 18.1 billion liras.
While the banking index depreciated by 2.31 percent, the holding index depreciated by 0.55 percent at the close. Among the sector indices, transportation was the highest earner with 2.09 percent, while the most decline was recorded on mining with 2.51 percent.
Analysts stated that a positive course was followed in global markets with the strong financial results announced in the USA and the clarification of the roadmap for monetary policies, while Borsa İstanbul diverged negatively due to the increasing exchange rates.
In addition, CBRT Governor Şahap Kavcıoğlu said, "All the figures of the Central Bank are clear, speculating on them will harm this country." Regarding the Monetary Policy Committee meeting on October 21, he said, "Nobody should doubt that we will make the right decision." Kavcıoğlu also said, regarding the changes in duties at the CBRT, "Many friends have left their posts so far. It is not right to look for something regarding this situation."
It was stated that the interest rate decision to be announced by the Central Bank of the Republic of Turkey (CBRT) at the Monetary Policy Committee meeting next week, the assessment of the international credit rating agency Standard & Poor's on Turkey and the consumer confidence index, growth in China, industrial production in the USA, inflation in the Euro Zone, the US Federal Reserve (FED) Beige Book Report and the Purchasing Managers Index (PMI) to be announced worldwide will be monitored closely.
In technical terms, it was stated that the levels of 1.390 and 1.370 are in the support position and the level of 1.440 stands out as the resistance for the
BIST 100 index.