BİST 100 Retained Its Despite Falling

BİST 100 Retained Its Despite Falling

Despite the recent fall in global indices, BIST 100 maintained 93,000 points. The world indices, which opened the week with a good atmosphere, started to negatively priced yesterday, with the progress of loss of life in the coronavirus epidemic yesterday. While the US stock markets, which reached a 7% increase on Monday, ended with a decrease yesterday, indices in Europe also fell. After Italy's new incentive package was announced, European Union officials could not reach a consensus on taking additional measures by taking joint decisions. At the last meeting of Finance Ministers, countries could not agree on new economic measures and decided to meet again. In the teleconference meeting held yesterday, the euro gained value while the markets were in anticipation, but it declined again after the first meeting did not yield results. After no compromise in the EU and high levels of loss in life in the USA, the US Dollar Index was again trading with a decrease in risk appetite, while the EUR / USD fell from 1.0920 to 1.0830. The pair is priced at 0.10% minus at 1.0870 level in the last hour after the decrease at the beginning of the day. In BIST 100, there was a slight increase despite the decrease in global indexes. The index, which decreased to 91 thousand 803 points during the day, was traded from 93 thousand 200 points at the end of the day. In the index, if the resistance of 92 thousand points is maintained, a gradual recovery towards 95 thousand and 97 thousand levels is expected, while developments, especially in the USA and the EU, are expected to affect the index.