BIST100 Index Started the Day with A Rise

BIST100 index started the day with a rise. BIST 100 index gained 0.30 percent in Borsa Istanbul and started the day with 1.575.17 points.

At the beginning of the day, the BIST 100 index, which gained 4.75 points and 0.30 percent compared to its previous closing, reached 1.575.17 points. While the banking index depreciated by 0.20 percent at the opening, the holding index gained 0.18 percent. Among the industry indices, the metal goods were the most profitable with 2.21 percent, while the most decline was recorded on tourism with 0.22 percent. The BIST 100 index in Borsa Istanbul gained 0.96 percent on Tuesday and closed the day at 1.570.42 points, recording the highest closing of all time. Analysts stated that the volatility in the bond market continues to be a determining factor on investor decisions, and that the 10-year bond rates of the USA, which increased to 1.63 percent again, reduced the risk appetite. It was stated that the projections and guidance to be made in the interest rate decision of the US Federal Reserve (FED), which will be announced at 9 pm and that inflation data which will be monitored in the Eurozone today, are important. In technical terms, analysts stated that the range of 1.582 and 1.600 is in the resistance position and the level of 1.550 is in the support position for the BIST 100 index.