Borsa İstanbul Breaks New Closing Record
Borsa İstanbul breaks new closing record. In Borsa Istanbul, the BIST 100 index gained 1.54 percent and closed the day with 1,291.29 points.
In the BIST 100 index, which increased by 19.54 points compared to the previous closing, the total transaction volume was recorded as 31.6 billion liras.
At the closing, the banking index gained 2.04 percent, while the holding index gained 2.20 percent. Among the industry indices, metal, goods and machinery gained the most with 3.85 percent, while the only loss was on transportation with 1.81 percent.
As the industrial production data exceeded expectations in September, the rise of the BIST 100 index accelerated and the all-time close was recorded with 1,291.29 points.
Next week the interest rate decision of the Republic on Turkey Central Bank of Turkey (CBRT)’s Monetary Policy Committee will be monitored, while abroad, the European Central Bank (ECB) President Christine Lagarde's speech, the industrial production in China, inflation in the Eurozone, the US ' stated that the intensive data agenda, especially industrial production, will be followed.
In technical terms, analysts stated that the
BIST 100 index was technically resistant to the BIST 100 index, while the levels of 1.300 and 1.320 stand out as resistance, and that 1.240 points may come to support in possible decreases.