Day Ended With Record In Stock Market

Day Ended With Record In Stock Market The day ended with a record in the stock market. In Borsa Istanbul, the BIST 100 index gained 3.32 percent and made the highest closing of the month with 1,231.54 points. In the BIST 100 index, which increased 39.58 points compared to its previous closing, the total transaction volume was recorded as 34.1 billion liras. At the end of the day, the banking index gained 6.33 percent, while the holding index gained 3.40 percent. Among the industry indices, transportation was the most profitable with 9.30 percent, while the most loss was recorded on mining with 2.98 percent. Central Bank of the Republic of Turkey (CBRT) President Naci Ağbal’s price stability and the explanation about communication, exchange rates experienced a hard fall. With this development, positive news about the coronavirus vaccine also reflected positively on the BIST 100 index. Thanks to these news, the index ended the day with 1,231.54 points under the leadership of banking stocks and this level was the highest closing of the month in 9.5 months. New CBRT President Naci Ağbal stated that their main purpose as a bank is to ensure and maintain price stability and used the following statements: “All policy tools will be used decisively in line with the main objective of price stability. Communication will be strengthened within the framework of the principles of transparency, accountability and predictability in monetary policy.” Experts stated that CBRT President Ağbal's statements reflected positively on TL assets. Indicating that the domestic labor force statistics will be monitored tomorrow, analysts reminded that inflation in China and ZEW indices in Germany will be followed abroad. On the technical side, analysts stated that in the BIST 100 index, 1.240 is in the resistance position and 1.155 points in the support position.