Stock Market Started the Day With an Increase on December 22
Stock market started the day with an increase on December 22. BIST 100 index in
Borsa Istanbul increased by 0.66 percent and started the day with 1,393.57 points.
At the beginning of the day, the BIST 100 index, which gained 9.14 points and 0.66 percent compared to the previous close, reached 1,393.57 points.
While the banking index gained 0.59 percent at the opening, the holding index gained 0.55 percent. While all sector indices started the day with an increase, the most profitable was transportation with 1.58 percent.
BIST 100 index, which moved with sellers in parallel with European stock markets on Monday, closed the day at 1,384.43 points with a 1.70 percent loss of value.
Reminding that growth data will be followed in the USA and the UK today, analysts stated that the news about the new type of coronavirus epidemic and the mutated virus are at the center of the agenda. In addition, it was emphasized that the expectations for the support package in the USA have supported the markets now, and once the expectation is realized, the focus will be turned to data and news on economic activity.
In technical terms, analysts stated that 1,410 points reached the resistance position in the
BIST 100 index, and that the levels 1,350 and 1,320 stand out as support.