Stock Market Ends the Day With an Increase on December 3

Stock Market Ends the Day With an Increase on December 3 Stock market ends the day with an increase on December 3. In Borsa Istanbul, the BIST 100 index gained 0.40 percent and closed the day with 1,330.85 points. At the end of the day, BIST 100 index increased by 5.36 points compared to the previous closing, and the total transaction volume was recorded as 29.7 billion liras. At the closing, the banking index lost 0.68 percent, while the holding index gained 0.87 percent. While communication was the most profitable 3.14 percent among sector indices, the banking sector had the most loss one with 0.68. Analysts stated that the BIST 100 index decreased to 1,315 points with the November inflation coming well above the expectations, and after the statements of the Minister of Treasury and Finance Lütfi Elvan, it rose up to 1,335.77 points. Indicating that the Central Bank's monthly price developments and real effective exchange rate data will be monitored tomorrow, analysts emphasized that the non-farm employment, unemployment rate and average hourly earnings data in the USA's November employment report abroad will determine the direction of the markets. In technical terms, analysts stated that the levels of 1.340 and 1.360 are in the resistance position and 1.290 points are in the support position in the BIST 100 index.