BIST 100 Index Started the Day with Earnings

BIST 100 index started the day with earnings. In Borsa Istanbul, the BIST 100 index gained 0.27 percent and started the day with 1.537.65 points.

At the beginning of the day, the BIST 100 index, which gained 4.10 points and 0.27 percent compared to its previous closing, reached 1.537.65 points. While the banking index gained 0.13 percent at the opening, the holding index gained 0.26 percent. Among the industry indices, the highest earning was on textile with 1.14 percent, while the only decline was recorded on financial leasing and factoring with 0.47 percent. The BIST 100 index, which increased under the leadership of bank shares on Wednesday, gained 1.46 percent and closed the day by 1,533.55 points. The average earning of the bank shares was recorded as 3.5 percent. Analysts stated that although the inflation figures announced yesterday was well above the expectations, the fall in exchange rates supported the stock markets. CBRT stated that in addition to taking pro-market steps, the constant emphasis on combating inflation also enabled the TL assets to appreciate. It was stated that today, with the interest decision of the Bank of England, the data agenda, especially factory orders in the USA, will be monitored, and there is no prominent data in the country. On the other hand, it was emphasized that the developments regarding the financial incentive package and vaccination studies in the USA continue to remain on the agenda. In technical terms, analysts stated that as long as the BIST 100 index remains above 1.505 points, the upward trend can be maintained and the level of 1.570 is in a resistance position.