Stock Market Started the Day with a Decrease on October 2

Stock Market Started the Day with a Decrease on October 2 The stock market started the day with a decrease on October 2. BIST 100 index in Borsa Istanbul decreased 0.40 percent and started the day with 1.138.91 points. The BIST 100 index, which lost 4.60 points and 0.40 percent at the beginning of the day, fell to 1.138.91 points. While the banking index depreciated by 0.47 percent at the opening; holding index lost 0.51 percent. Forest, paper and printing became the most profitable in industry indices with 0.75 percent; The most decline was recorded on sports with 1.45 percent. Stating that the US President Donald Trump and his wife Melania Trump's new type of coronavirus (Covid-19) test was positive, analysts stated that this situation increased the risk perception globally. Analysts said that the US indices lost about 2 percent in futures transactions, and that the prices of commodities, especially oil, decreased with the increasing concerns; They noted that the ounce price of gold increased. Emphasizing that the presidential elections to be held in the USA on November 3 will fill the agenda of the markets, analysts stated that the data in the employment report to be announced in the USA and the ongoing European Union leaders summit will be monitored. In technical terms, analysts stated that the level of 1.120 is an important support for the short-term outlook in the BIST 100 index, and that 1.155 points stand out as resistance.