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BIST 100 Index Started the Day with a Decrease

BIST 100 index started the day with a decrease. BIST 100 index lost 0.75 percent in Borsa Istanbul and opened the day with 1.506.53 points.

Yazar: Eylem Özer

Yayınlanma: 24 Şubat 2021 14:59

Güncellenme: 15 Nisan 2024 13:26

BIST 100 Index Started the Day with a Decrease

BIST 100 index started the day with a decrease. BIST 100 index lost 0.75 percent in Borsa Istanbul and opened the day with 1.506.53 points.

At the beginning of the day, the BIST 100 index, which lost 11.33 points and 0.75 percent compared to its previous closing, declined to 1.506.53 points. While the banking index lost its value by 0.74 percent at the opening, the holding index lost 0.95 percent. Among the industry indices, insurance was the most profitable with 0.76 percent, while the highest decline was recorded on textile and leather with 2.01 percent. BIST 100 index in Borsa Istanbul, which moved with sellers on Tuesday, closed the day with 1.517.86 points, decreasing by 2.11 percent compared to the previous closing. Analysts stated that despite the positive news flow about the stimulus package in the USA and the US Federal Reserve (FED) President Jerome Powell's presentation at the Senate yesterday that the economy is far from employment and inflation targets, trend with sellers continues in global stock markets. Today, while the domestic data agenda seems calm, it is reported that the FED President Powell's presentation at the Senate, as well as new housing sales in the USA and growth in Germany will be monitored abroad. In technical terms, analysts stated that 1.500 and 1.470 levels are in support and 1.550 level is in resistance for the BIST 100 index.
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