BIST 100 Starts The Week With A Rise

BIST 100 starts the week with a rise. In Borsa Istanbul, the BIST 100 index gained 0.26 percent and opened the week with 1,385.74 points.

At the beginning of the day, the BIST 100 index, which gained 3.58 points and 0.26 percent compared to its previous closing, reached 1,385.74 points. At the opening, the banking index gained 0.29 percent, while the holding index gained 0.21 percent. Among the industry indices, stone and soil earned the most with 3.37 percent, while the most decline was recorded on insurance with 1.59 percent. BIST 100 index in Borsa Istanbul, which diverged negatively from global stock markets last week, lost 0.88 percent on Friday and ended at 1,382.15 points. Analysts stated that the downward trend in oil and commodity prices continues this new week in Asian markets, and today the data agenda is calm and the course of exchange rates and bond rates will be followed. In addition, it was stated that the news flow and vaccination studies on the coronavirus (Covid-19) outbreak will be closely monitored. In technical terms, analysts stated that the level of 1.450 has reached a resistance position for the BIST 100 index and that closings above this level can strengthen purchases, while 1.340 points stand out as support.