Stock Market Breaks a Record In The First Half Of The Day

Stock Market Breaks a Record In The First Half Of The Day The stock market breaks a record in the first half of the day. In Borsa Istanbul, the BIST 100 index gained 0.87 percent in the first half of the day and reached 1,335.50 points. In addition, the record for the highest level seen by the BIST 100 index rose to 1,335.98 points. BIST 100 index, which is in an upward trend in the first half of the day, reached 1,335.50 points by increasing 11.55 points compared to its closing at 1 pm. The total transaction volume was recorded as 14.7 billion liras. In the first half of the day, the banking index lost 1 percent in value, while the holding index gained 0.83 percent. Among the sector indices, forest, paper and printing were the most profitable with 4.31 percent, while banking had the most loss. Despite the tendency of sellers in banking stocks, the BIST 100 index continued its upward trend under the leadership of transportation and real estate investment trusts, recording an all-time high with 1,335.98 points. Analysts reminded that, thanks to the good news about the coronavirus vaccine, the stock markets are on a buying trend, while the Purchasing Managers Index will be followed in the US in the second half. In technical terms, analysts stated that the levels of 1.340 and 1.360 are in the resistance position and 1.290 points in the support position in the BIST 100 index.