Markets By TradingView

Stock Market Started the Day With A Decrease on December 11

The stock market started the day with a decrease on December 11. BIST 100 index in Borsa Istanbul decreased by 0.23 percent and opened the day with 1,350.31 points.

Yazar: Eylem Özer

Yayınlanma: 11 Aralık 2020 15:41

Güncellenme: 8 Kasım 2024 11:43

Stock Market Started the Day With A Decrease on December 11 The stock market started the day with a decrease on December 11. BIST 100 index in Borsa Istanbul decreased by 0.23 percent and opened the day with 1,350.31 points. At the beginning of the day, the BIST 100 index, which lost 3.06 points and 0.23 percent compared to its previous closing, fell to 1,350.31 points. While the banking index lost its value by 0.41 at the opening, the holding index lost its value by 0.04 percent. Among the industry indices, trade was the most profitable with 0.70 percent, while securities investment trusts fell the most with 1.75 percent. BIST 100 index, which made its all-time closing at 1.353.36 points with 0.23 percent appreciation on Thursday, refreshed its highest level record with 1.366.78 points. Indicating that the balance of payments data will be monitored domestically today, analysts reminded that the Producer Price Index (PPI) in the USA and inflation data in Germany will be followed abroad. In addition, the United States, the developments related to the National Defense Authorization Act bill contains some sanctions to Turkey which became the focus of investors with the given information. Technically speaking, analysts say that 1,360 points in the BIST 100 index are in a significant resistance position; analysts stated that if persistence above this level is achieved, the upward trend may continue, while the levels of 1.320 and 1.290 are in a support position in decreases.
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