Stock Market Has Started New Week Horizontally on September 28

Stock Market Has Started New Week Horizontally on September 28 The stock market started the new week horizontally. BIST 100 index in Borsa Istanbul increased by 0.07 percent and opened the week with 1,124.93 points. BIST 100 index, which gained 0.76 points and 0.07 percent at the beginning of the day, reached 1.124.93 points. While the banking index gained value by 0.19 at the opening; holding index gained 0.33 percent. While stone was the most earning with 0.49 percent among the sector indices; The highest decline was recorded on sports with 1.42 percent. BIST 100 index, which increased 0.41 percent on Friday last week, completed the day with 1.124.17 points. The index, which showed a value gain of 1.1 percent on a weekly basis, reflected its upward trend in the third week. Stating that Central Bank of the Republic of Turkey (CBRT) and the Banking Regulation and Supervision Agency (BDDK) made a market, analysts said in the eastern Mediterranean issues run the risk appetite rose intensive diplomacy. The analysts emphasized that the BDDK's regulation on the Asset Ratio (AR) will have a positive effect on the bank's stock markets. Technically speaking, if the BIST 100 index holds above the 1,120 resistance, the new target will be 1.155; He underlined that 1.090 points reached the support position. According to the statement of the BDDK, the AR value, which was determined as 95 percent for deposit banks and 75 percent for participation banks, was revised to 90 percent and 70 percent, respectively, as of October 1. Stating that the New Economy Program and the central government budget for 2021 will be monitored domestically this week, analysts stated that an intense data agenda will be followed, especially the Purchasing Managers Index and the US growth and employment report abroad.