Stock Market Started the Day with an Increase on December 1

Stock Market Started the Day with an Increase on December 1 The stock market started the day with an increase on December 1. BIST 100 index in Borsa Istanbul increased by 1.45 percent and started the day with 1.302.25 points. At the beginning of the day, the BIST 100 index, which gained 18.66 points and 1.45 percent compared to its previous closing, reached 1.302.25 points. Banking index gained 1.56 percent at the opening while the holding index gained 1.01 percent. While all sector indices started the day with a gain in value, tourism gained the most with 2.53 percent. With the intensification of profit sales on Monday, the BIST 100 index lost 3.40 percent and closed the day with 1,283.58 points. However, despite the experienced decrease, the BIST 100 index ended November with an increase of 15.39 percent compared to October. This level has been recorded as the best monthly performance of the last 11 years. Indicating that an intense data agenda, especially the manufacturing industry Purchasing Managers Index, will be followed today, analysts reminded that the speeches of US Federal Reserve Chairman Jerome Powell and European Central Bank President Christine Lagarde will be monitored. In addition, it was reported that news about the new type of coronavirus (Covid-19) epidemic continued to be at the center of the agenda. In technical terms, analysts stated that 1.270 and 1.250 levels are in support and 1.320 points are in resistance in the BIST 100 index.