BIST 100 Index Started the Week with an Increase

BIST 100 index started the week with an increase. BIST 100 index in Borsa Istanbul increased by 1.39 percent and started the week with 1,491.88 points.

At the beginning of the day, the BIST 100 index, which gained 20.49 points and 1.39 percent compared to its previous closing, reached 1.491.88 points. At the opening, the banking index gained 1.38 percent, while the holding index gained 1.88 percent. While all industry indices started the day with gain in value, the most profit was recorded on chemicals, petroleum and plastic with 2.05 percent. The BIST 100 index, which lost 5.70 percent on a weekly basis, showed the fastest depreciation of the last 17 weeks in Borsa Istanbul, which has been moving with sellers due to the low global risk appetite during the past week. The BIST 100 index, which decreased by 1.13 percent on Friday, completed the day with 1.471.39 points. Analysts reminded that today's domestic GDP and manufacturing industry Purchasing Managers Index (PMI) data to be announced worldwide will be monitored. Technically speaking, analysts stated that the 1.430-1.450 band has become an important support zone in the BIST 100 index and the level of 1.520 stands out as resistance.