BIST 100 Index Started Friday With A Decline

BIST 100 index started Friday with a decline. BIST 100 index lost 0.15 percent in Borsa Istanbul and started the day with 1.399.44 points.

At the beginning of the day, the BIST 100 index, which lost 2.08 points and 0.15 percent compared to its previous closing, fell to 1.399.44 points. While the banking index gained 0.15 percent at the opening, the holding index gained 0.13 percent. Among the industry indices, the most profitable was mining with 0.48 percent, while the most decline was recorded on communication with 2.30 percent. Yesterday, the BIST 100 index in Borsa Istanbul closed the day at 1,401.52 points, gaining 1.13 percent with a positive course. Analysts stated that concerns about inflation and the 10-year interest rate of the USA, which increased in parallel with this, caused pressure on the assets of developing countries, and in this sense, the income and expenditures to be announced in the USA today and the personal consumption expenditures (PCE) price index may be determinant on the direction of the markets. In addition, it was reminded today that growth data will be monitored in Germany and the Eurozone. In technical terms, analysts stated that if the BIST 100 index can be sustained above 1.400 points, 1.440 resistance will come to the agenda, while the level of 1.340 is in the support position in decreases.