BIST 100 Index Closed the Day with an Increase on August 23

BIST 100 index closed the day with an increase on August 23. BIST 100 index gained 1.02% in Borsa Istanbul and ended the day at 1,459.33 points.

At the end of the day, the total transaction volume in the BIST 100 index, which increased by 14.70 points compared to the previous closing, was recorded as 13.7 billion TL. At the close, the banking index gained 1.60 percent, while the holding index gained 2.33 percent. Among the sector indices, tourism was the highest earner with 4.01 percent, while the most decline was recorded as securities investment partnership with 0.52 percent. Analysts stated that the global stock markets started the new week with a purchase-heavy trend after the last week's selling trend, and stated that the BIST 100 index followed a course in line with the global stock markets in the domestic market. Analysts stated that the US Food and Drug Administration (FDA) announced that it gave full approval to the Pfizer-BioNTech vaccine against coronavirus (Covid-19) for those aged 16 and over, which also increased the risk appetite. Analysts underlined that the second-hand house sales, which were better than the expectations, strengthened the buying-heavy course especially in the USA. It is stated that the data agenda is calm in the country tomorrow, while growth in Germany and new housing sales data in the USA will be closely monitored abroad. In technical terms, analysts stated that the level of 1,470 stands out as the resistance and the level of 1,440 is in a position of support for the BIST 100 index.