Borsa Istanbul (BİST) opened the day with a climb. The BIST 100 index rose 0.80 percent to 99,634.33 points.
While the banking index rose 0.84%, the holding index rose 1.09%. While the sector with the highest income was sport at 2.17%, the only sector that recorded a decline was 1.09%. was with the food.
On May 4, Borsa Istanbul (BIST), parallel to the European stock exchanges, closed the BIST 100 index by 2.24% with 98,842.24 points.
Experts on the factors that will take effect today, the coronavirus outbreak and the Central Bank of
the Republic of Turkey (CBRT) have said the April inflation report will be released. It is also stated that the exchange will be affected depending on the U.S. foreign trade balance and the purchasing manager index (PMI).
Analysts indicated the importance of 97,200 points in the BIST 100 index, while pointing to 100,000 and 102,500 points in the resistance level.