BIST 100 Opened the Day with Increase

BIST 100 Opened the Day with Increase

BIST 100 index in Borsa Istanbul increased by 0.75 percent at the opening and reached 120.170.89 points. At the opening of the day, the BIST 100 index gained 890.02 points. The banking index is 0.70 percent; The holding index gained 1.13 percent. While all sector indices gained value, the highest rising index was securities investment partnership with 1.59 percent. BIST 100 index gained 0.42 percent yesterday on the Borsa Istanbul and closed with 119,280.87 points. Analysts stated that the US administration's new incentive package negotiations and EU leaders' bailout program and budget agreements positively affect the global share markets, as well as the positive news flow for new coronavirus (Covid-19) treatment. Analysts, who stated that the tension between China and the United States is overshadowing the global risk appetite, the data agenda at home and abroad is weak; and said that the markets will follow a news-oriented course on epidemics and geopolitical developments. Technical support for 116.500 and 117.000 levels for BIST 100 index; 120,000 points were reported to be in the resistance position.