Stock Market Breaks One Record After Another!

Stock market breaks one record after another. BIST 100 index in Borsa Istanbul continues to satisfy its investors. BIST 100 index gained 0.59 percent in Borsa Istanbul and started the day with 1.531.16 points. At the beginning of the day, the BIST 100 index, which gained 8.92 points and 0.59 percent compared to the previous close, opened with an all-time high with 1.531.16 points. While the banking index gained 0.75 percent at the opening, the holding index gained 0.81 percent. Metal main industry earned the most with 2.21 percent among the industry indices, while the only decline was recorded on trade with 1.20 percent. BIST 100 index closed the day at 1.522.24 points with 1.12 percent gain in value on Thursday, and closed at the highest level of all time with this level. Analysts stated that US President Donald Trump's announcement that the new government will take over on January 20 and the expectation that more effective packages will come for the fiscal stimulus packages in the USA will support global markets. Indicating that the Treasury cash realizations will be monitored domestically today, analysts stated that the data in the industrial production in Germany and the employment report in the USA will be followed abroad. In technical terms, he stated that the 1.550 level is in the resistance position and the 1.470 points in the support position in the BIST 100 index.