BIST 100 Index Closed The Day With An Increase

BIST 100 index closed the day with an increase. In Borsa Istanbul, the BIST 100 index gained 0.37 percent and finished the day with 1.459.57 points.

At the end of the day, BIST 100 index in Borsa Istanbul increased by 5.33 points compared to the previous closing and the total transaction volume was recorded as 18.2 billion liras. At the closing, while the banking index gained 1.10 percent value, the holding index gained 0.08 percent. Among the industry indices, the highest earning was recorded on mining with 2.87 percent, while the most decline was recorded on tourism with 3.20 percent. Stating that inflation concerns continue to be the main factor in market pricing, analysts said that investors are trying to understand the tolerance of the US Federal Reserve (FED) to the price pressures faced by economies in the recovery phase. According to the data released today, it has been reported that the size of the contraction in the Euro Zone came in line with the expectations in the first quarter. 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 for the BIST 100 index. In addition, tomorrow, the domestic markets will be closed due to the May 19 Commemoration of Atatürk, Youth and Sports Day; FOMC member Raphael Bostic's speech abroad, it was reminded that the data agenda, especially the Consumer Price Index (CPI) data in the UK and the Euro Zone will be closely followed.