Stock Market Ended The Day With a Decrease on January 11

Stock market ended the day with a decrease on January 11. In Borsa Istanbul, the BIST 100 index lost 0.29 percent and closed the day with 1.536.19 points. At the end of the day, the BIST 100 index recorded a 4.42 point decrease compared to its previous closing, and the total transaction volume was recorded as 38 billion liras. At the closing, the banking index lost 2.16 percent, while the holding index lost 0.02 percent. Among the sector indices, sports were the most profitable with 3.58 percent, while banking was the most declining. The BIST 100 index, which recorded a record level with 1.557.45 points during the day, found the balance over 1.535 points with sales from this level. Analysts stated that in addition to the measures taken in the new type of coronavirus (Covid-19) epidemic and vaccination studies, the news about the dismissal of President Donald Trump and the uncertainty about the economic support package in the USA reduced the risk appetite in global markets. Indicating that the foreign trade indices will be followed in the country tomorrow, analysts reminded that the number of JOLTS vacancies in the USA will be followed abroad. On the technical side, analysts stated that the 1.550 level is in the resistance position and the 1.470 level is in the support position for the BIST 100 index.