Stock Market Broke Another Record During The Day

Stock Market Broke Another Record During The Day The stock market broke another record during the day. The BIST 100 index in Borsa Istanbul reached 1,386.99 points in the first half of the day with 1.19 percent gain in value. The highest level record for the index was moved to 1,389.97 points. BIST 100 index, which opened the day with a record, continued its upward trend in the first half of the day. The BIST 100 index, which increased 16.29 percent compared to the previous close as of 13:00, saw 1,386.99 points. The total transaction volume was recorded as 14.1 billion liras. In the first half of the day, the banking index gained 1.69 percent, while the holding index gained 0.71 percent. While informatics earned the most with 3 percent among the sector indices, the biggest decline was on sports with 1.35 percent. Good industrial production index data played a major role on the index breaking a record. The industrial production index increased by 1.1 percent on a monthly basis and 10.2 percent on an annual basis in October. Analysts stated that the news about the economic support package in the USA, Brexit negotiations in Europe and the new type of coronavirus vaccine continue to remain at the top of the agenda. In technical terms, analysts stated that the level of 1.390 in the BIST 100 index is in the position of resistance and 1.320 points in the support position.