Stock Market Closed The Day With An Increase on October 5

Stock Market Closed The Day With An Increase on October 5 Stock market closed the day with an increase on October 5. In Borsa Istanbul, the BIST 100 index gained 1.37 percent and finished the day with 1.160.71 points. In the BIST 100 index, which increased by 15.68 points compared to its previous closing, the total transaction volume was recorded as 15.1 billion. At the end of the day, the banking index gained 0.6 percent value; holding index gained 1.07 percent. While no industry index recorded a decrease, the highest gain was realized on informatics with 3.78 percent. BIST 100 index, which started the first work day of the week with an increase, passed the 1.155 level that analysts positioned as resistance after inflation was better than expected and pushed over 1.160.00 points. Stating that the good health of US President Donald Trump, who tested positive for the coronavirus, supports the global risk appetite, analysts noted that the increase in the number of cases in Europe partially suppressed the global risk appetite. Analysts stated that the bond auctions to be organized by the Ministry of Treasury and Finance in Turkey will be monitored tomorrow, while abroad, the number of JOLTS vacancies and foreign trade balance in the USA, factory orders in Germany and the speech of the Federal Reserve Chairman Jerome Powell will be monitored. In technical terms, analysts stated that 1,120 points are important support for the short-term outlook in the BIST 100 index, and 1,180 points is an important resistance level in case of persistence above 1,155.