BIST 100 Index Ends Wednesday with an Increase

BIST 100 index ends Wednesday with an increase. BIST 100 index gained 0.11% in Borsa Istanbul and finished with 1,449.17 points.

At the end of the day, the total transaction volume in the BIST 100 index, which increased by 1.58 points compared to the previous close, was recorded as 13.6 billion liras. At the close, the banking index gained 0.55 percent, while the holding index lost 0.02 percent. Among the sector indices, stone and soil were the highest earners with 1.34 percent, while the most decline was recorded on securities and investment partnerships with 1.70 percent. Analysts said that the mixed course in the stock markets continues with uncertainties about the future of monetary policy around the world. Foreign trade indices and labor force statistics in the country, the European Central Bank (ECB) interest rate decision abroad, and the data agenda, especially inflation in the USA, will be followed closely tomorrow. It was stated that the statements of ECB President Christine Lagarde will be at the focal point of the markets. In technical terms, analysts stated that the level of 1,390 stands out as support and the level of 1.470 is in the resistance position for the BIST 100 index.