BIST 100 Index Started the New Week with an Increase

BIST 100 index started the new week with an increase. In Borsa Istanbul, the BIST 100 index gained 0.82 percent and opened the week with 1.551.12 points.

At the beginning of the day, the BIST 100 index, which gained 12.68 points and 0.82 percent compared to its previous closing, reached 1.551.12 points. At the opening, the banking index gained 0.96 percent, while the holding index gained 0.81 percent. While all sector indices gained value, tourism gained the most with 2.65 percent. BIST 100 index in Borsa Istanbul, which acted with sellers on the last trading day of the past week, closed the day at 1.538.44 points, losing 0.46 percent. Analysts stated that the developments regarding the financial support package expected to be introduced to the market within the scope of the fight against coronavirus kept its place in the focus of the agenda, while Asian stock markets returned to a buy heavy trend after the growth data announced in Japan exceeded expectations. Reminding that domestic housing sales, agricultural products Producer Price Index and January central government budget balance data will be monitored today, analysts stated that Euro Zone industrial production and foreign trade balance data will be followed abroad. On the technical side, analysts stated that the 1.570 level was in the resistance position and 1.525 points in the support position in the BIST 100 index.