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Records Continue in Borsa Istanbul

Records continue in Borsa Istanbul. The BIST 100 index gained 1.20 percent in the first half of the day and recorded 1,340.24 points.

Yazar: Eylem Özer

Yayınlanma: 25 Kasım 2020 22:25

Güncellenme: 20 Kasım 2024 03:44

Records Continue in Borsa Istanbul Records continue in Borsa Istanbul. The BIST 100 index gained 1.20 percent in the first half of the day and recorded 1,340.24 points. Thus, the highest level the BIST 100 index has ever seen was seen. In the first half of the day, BIST 100 index, which is rising under the leadership of transportation and bank shares, reached an all-time high with 1,340.24 points. The BIST 100 index, which increased by 15.87 points compared to its previous close at 1 pm, balanced at the level of 1.336.85. The total transaction volume was recorded as 18 billion liras. In the first half of the day, the banking index gained 1.74 percent, while the holding index gained 0.67 percent. Among the industry indices, transportation was the most profitable with 3.88 percent, while the only decline was on forest, paper and printing with 0.26 percent. Stating that European stock markets are with sellers, albeit limited, analysts stated that domestic markets diverge positively with the recent pro-market steps and positive reports of international financial institutions on Turkish lira assets. In addition, it was reminded that the intensive data agenda, especially the growth in the USA, and the minutes of the US Federal Reserve meeting will be monitored. In technical terms, analysts stated that the levels of 1.340 and 1.360 are in the resistance position and 1.290 points are in the support position in the BIST 100 index.
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