BIST 100 Index Started Thursday With A Rise

BIST 100 index started Thursday with a rise on October 7. BIST 100 index in Borsa Istanbul gained 0.97 percent and started the day with 1,385.05 points.

At the beginning of the day, the BIST 100 index, which increased by 13.36 points and 0.97 percent compared to the previous close, reached 1,385.05 points. While the banking index gained 1.21 percent at the opening, the holding index gained 1.38 percent. Banking was the most profitable among the sector indices. Yesterday, the BIST 100 index in Borsa Istanbul lost 1.43 percent and closed the day at 1,371.69 points. Analysts stated that a purchase-heavy trend prevailed in the global equity markets due to the positive developments in the US debt limit and the partial calming of commodity prices. Stating that the focus of the markets today will be on the statements from the European Central Bank officials, the analysts said that the Treasury cash balance, weekly money and bank statistics in the country, weekly unemployment applications in the USA and industrial production in Germany will be monitored closely. In technical terms, it was stated that the levels of 1.370 and 1.355 stood out as support, while the levels of 1.390 and 1.420 are in a position of resistance for the BIST 100 index.