Stock Market Ends The Day With a Decline on November 27

Stock Market Ends The Day With a Decline on November 27 Stock market ends the day with a decline on November 27. In Borsa Istanbul, the BIST 100 index lost 1.02 percent and closed the day with 1,328.73 points. At the end of the day, the BIST 100 index decreased by 13.76 points compared to its previous closing, and the total transaction volume was recorded as 31.3 billion liras. At the close, the banking index lost 1.65 percent of its value, while the holding index lost 1.57 percent. Among the sector indices, stone and soil earned the most with 2.11 percent while the mining sector had the most loss with 2.19 percent. The BIST 100 index saw an all-time high of 1,351.65 points in the first half of the day. After this level, the index decreased to 1,324.72 points, and closed the day at 1,328.73 points, decreasing by 1.02 percent compared to its previous close. Analysts stated that domestic growth and inflation data will be monitored next week, and that an intense data agenda will be followed, especially in the Eurozone inflation abroad, the Purchasing Managers Index (PMI) to be announced worldwide, and the employment report in the USA. In addition, with the news about the new type of coronavirus vaccine, it was reported that geopolitical and political developments kept their place in the focus of the agenda. On the technical side, analysts stated that the levels of 1.340 and 1.360 are in the resistance position and 1.300 points are in the support position in the BIST 100 index.