Stock Market Closed The Day With A Decrease on October 8
Stock market closed the day with a decrease on October 8.
BIST 100 index at
Borsa Istanbul ended the day with 1.150.49 points with a 0.17 percent loss.
The BIST 100 index decreased by 1.92 points compared to the previous closing, and the total transaction volume was recorded as 18.8 billion liras.
At the end of the day, the banking index decreased by 0.29 percent, while the holding index gained 0.67 percent. While tourism made the highest gain in sector indices with 3.08 percent; Sports was the most declining with 4.34 percent.
In addition, it was stated that geopolitical developments and developments regarding the new type of Coronavirus (Covid-19) vaccine maintain their importance on the agenda.
The analysts stated that the foreign trade index data will be monitored tomorrow and that wholesale stocks in the USA will be monitored abroad, the service sector Purchasing Managers Index (PMI) in China and growth data in the UK.
In technical terms, analysts stated that the level of 1.155 is important in the BIST 100 index, with 1.120 support below this level and 1.180 resistance above this level.