BIST 100 Index Started the Week With An Increase on August 23

BIST 100 index started the week with an increase on August 23. BIST 100 index gained 0.71 percent in Borsa Istanbul and started the day with 1,454.91 points.

At the beginning of the day, the BIST 100 index, which increased by 10.28 points and 0.71 percent compared to the previous close, reached 1,454.91 points. While the banking index gained 0.74 percent at the opening, the holding index gained 0.57 percent. While metal goods and machinery were the highest earners among the sector indices with 1.41 percent. On Friday, the BIST 100 index in Borsa Istanbul closed the week at 1,444.63 points with a decrease of 0.21% compared to the previous week's closing, even though it gained 0.33 percent on Friday. Analysts stated that the calendar to be followed after the US Federal Reserve (FED) in reduced asset purchases and the developments regarding the delta variant in the coronavirus epidemic continue to remain in the focus of investors, and in this context, the speech of FED Chairman Jerome Powell at the Jackson Hole meetings that will start on Thursday in the USA is critical. expressed. It was stated that today, the leading Purchasing Managers Index in the USA and Europe, the consumer confidence index in the country and the meeting to be held by the Economy Coordination Board will be monitored. In technical terms, analysts stated that the level of 1,440 is in the position of support, and the level of 1.490 stands out as the resistance for the BIST 100 index.