BIST 100 Started The New Week With an Increase

BIST 100 started the new week with an increase. BIST 100 index in Borsa Istanbul increased by 0.39 percent and started the day with 1.566.39 points.

At the beginning of the day, the BIST 100 index, which gained 6.05 points and 0.39 percent compared to its previous closing, reached 1.566.39 points. While the banking index gained 0.13 percent at the opening, the holding index gained 0.51 percent. Among the sector indices, financial leasing was the most profitable with 2.99 percent, while sports was the most declining with 1.33 percent. On the last trading day of the last week, BIST 100 index, which acted with buyers under the leadership of bank shares, closed the day with 1.560.34 points, increasing 0.9 percent compared to the previous close. Analysts noted that the expectations for the financial support package, which is expected to be voted on in the US House of Representatives on February 26, positively affected the stock markets, while the increase in commodity prices and bond rates set a positive atmosphere on a global basis. In addition, the international credit rating agency Fitch Ratings confirmed Turkey's credit rating as "BB-" in its assessment published on Friday evening, and changed its credit rating outlook from "negative" to "stable". Indicating that the domestic capacity utilization rate and real sector confidence index data will be monitored today, analysts stated that IFO indices will be monitored in Germany. In technical terms, analysts stated that 1.570 and 1.582 levels are in the resistance position and 1.525 level is in the support position for the BIST 100 index.