BIST 100 Index Started The Last Day Of The Week With An Increase

BIST 100 index started the last day of the week with an increase. In Borsa Istanbul, the BIST 100 index gained 0.12 percent and opened the day with 1.558.33 points.

At the beginning of the day, the BIST 100 index, which gained 1.84 points and 0.12 percent compared to its previous closing, reached 1.558.33 points. At the opening, the banking index gained 0.17 percent, while the holding index gained 0.10 percent. Among the sector indices, financial leasing and factoring gained the most with 3.46 percent, while communication was the most declining with 0.19 percent. BIST 100 index in Borsa Istanbul, which acted with buyers throughout Thursday, closed the day with 1.556.49 points with a loss of 0.54 percent. Intense sales in banking sector stocks played a role in the decrease of the index. The banking index fell 1.76 percent yesterday. Analysts said yesterday that the European Central Bank (ECB) announced that it will accelerate asset purchases and after the approval of the US $ 1.9 trillion support package, it was noteworthy that the decline in the US's 10-year bond interest was not permanent, despite a positive trend in global markets. The 10-year bond interest rate of the United States has increased again from the 1.48 percent level it dropped yesterday to 1.58 percent. Today, analysts stated that the economic reforms to be announced by President Recep Tayyip Erdogan will be followed. Analysts also stated that in the data agenda, industrial production in the country and the expectation survey of the Central Bank of the Republic of Turkey (CBRT), industrial production in the Eurozone, inflation in Germany and the Producer Price Index (PPI) the USA will be closely monitored. In technical terms, analysts noted that the range of 1.570 and 1.582 were in resistance and the range of 1.550 and 1.520 were in support for the BIST 100 index.