Stock Market Started Day with Rise on October 6

Stock Market Started Day with Rise on October 6 The stock market started the day with a rise on October 6. BIST 100 index in Borsa Istanbul increased by 0.38 percent and started the day with 1,165.12 points. At the beginning of the day, the BIST 100 index gained 4.41 points and 0.38 percent and reached 1.165.12 points. At the opening, the banking index gained 0.20 percent value; holding index gained 0.39 percent. Among the sector indices, the highest earning was sports with 1.88 percent, while the only decline was recorded on tourism with 0.35 percent. After the inflation data was announced yesterday, there was a movement with buyers in Borsa Istanbul. Thus, the index, which gained 1.37 percent value, made its highest closing since July 27 with 1,160.71 points. Stating that US President Donald Trump has been discharged from the hospital, analysts noted that the global risk appetite increased with the expectations that the incentives for the coronavirus (Covid-19) outbreak will continue and the macroeconomic data that is better than the predictions. Stating that the speeches of US Federal Reserve (FED) President Jerome Powell and European Central Bank President Christine Lagarde will be followed today, analysts stated that the data agenda is not intense. In technical terms, analysts stated that if the BIST 100 index is maintained above 1.155, the new target will be 1.180.