BIST 100 Index Started the Day with an Increase

BIST 100 index started the day with an increase. BIST 100 index gained 0.24 percent in Borsa Istanbul and opened the day with 1.538.56 points.

At the beginning of the day, the BIST 100 index, which gained 3.65 points and 0.24 percent compared to the previous close, reached 1.538.56 points. While the banking index gained 0.06 percent at the opening, the holding index gained 0.25 percent. Among the sector indices, tourism was the most profitable with 1.20 percent, while the only decline was recorded on securities investment partnership with 0.02 percent. Despite the fluctuating course of the first trading day of the week, the BIST 100 index started to rise under the leadership of banking stocks. BIST 100 index, which gained 0.51 percent value at the end of the day, closed at 1.534.91 points. Analysts stated that the positive news about the fiscal stimulus package expected to be introduced to the market in the USA and the outlook for an improvement in the new type of coronavirus (Covid-19) epidemic reflected on the global stock markets as an increase in buyers. Today, while the domestic data agenda seems calm, it was reported that foreign trade balance in Germany and JOLTS vacant jobs in the USA will be monitored abroad. In technical terms, analysts stated that 1.550 and 1.570 levels are in the resistance position and 1.505 point is in the support position for the BIST 100 index.