Stock Market Ended the Day with a Decline on December 16

Stock Market Ended the Day with a Decline on December 16 Stock market ended the day with a decline on December 16. BIST 100 Index in Borsa Istanbul closed Wednesday at 1.392 points with a 0.21 percent loss. In Borsa Istanbul, the BIST 100 index closed the day at 1,392.45 points with a loss of 0.21 percent. While the BIST 100 index decreased by 2.95 points compared to the previous closing, the total transaction volume was recorded at the level of 33.8 billion liras. On the other hand, the banking index decreased by 0.34 percent and the holding index by 0.06 percent. Among the industry indices, the highest profit was recorded as communication with 1.72 percent, while most loss was recorded on tourism with 2.13 percent. With the statements of Central Bank of the Republic of Turkey (CBRT) President Naci Ağbal on his presentation about "2021 Monetary and Exchange Rate Policy", BIST100 hit the peak of all time with 1409.78 points, with sales profits from this level, index has stabilized in the 1390-1395 band. The US Federal Reserve (Fed) will make statements this evening regarding the interest rate decision. In the last Fed meeting of the year, analysts made statements that they do not expect FED to make a change in interest rates and asset purchases, and in the statements to be made by the decision text and Fed Chairman Jerome Powell, they noted that the verbal steering of the markets could be strengthened.