BIST 100 Index Started The New Week With An Increase

BIST 100 index started the new week with an increase. BIST 100 index gained 0.27 percent in Borsa Istanbul and started with 1.401.64 points.

At the beginning of the day, the BIST 100 index, which gained 3.82 points and 0.27 percent compared to its previous closing, reached 1,401.64 points. While the banking index experienced a limited decline of 0.01 percent at the opening, the holding index gained 0.51 percent. Among the sector indices, sports were the most profitable with 1.29 percent, while the highest decline was recorded as financial leasing and factoring with 4.59 percent. On Friday, the BIST 100 index in Borsa Istanbul, despite losing its value by 0.26%, positively diverged from the world stock markets thanks to the weekly rise of 3.92% and closed with 1,397.82 points. Analysts stated that the global inflation concern caused by the increase in commodity prices and the upward trend in the US's 10-year interest have reduced risk appetite, while it will be monitored whether the positive divergence will be permanent. Today, while the domestic inflation data will be followed in the country, worldwide manufacturing industry Purchasing Managers Index data will be closely monitored abroad. In technical terms, analysts stated that in the BIST 100 index, while the level of 1.440 stands out as resistance and the level of 1.340 stands out as support.