Stock Market Started the Day with an Increase on December 29

Stock Market Started the Day with an Increase on December 29 Stock market started the day with an increase on December 29. The BIST 100 index gained 0.43 percent in Borsa Istanbul and started the day with 1.445.42 points. At the beginning of the day, the BIST 100 index, which gained 6.13 points and 0.43 percent compared to its previous closing, reached 1.445.42 points. While the banking index gained 0.24 percent at the opening, the holding index gained 0.43 percent. While all industry indices started the day with a gain in value, the highest gain was on forest, paper and printing with 3.65 percent. BIST 100 index continued to break the record due to the weakening of exchange rates yesterday. The BIST 100 index, which gained 0.93 percent yesterday, closed the day with 1,439.29 points. While the index was closing at an all-time high with this level, recorded its highest level with 1,442.79 points. In addition to the spread of the coronavirus (Covid-19) vaccine, the end of uncertainties regarding the support package in the USA and the trade agreement in the UK positively reflected on the markets in the last week of the year. The agreement that will determine post-Brexit trade relations between the UK and the European Union (EU) was unanimously accepted yesterday at the European Council. In addition, Turkey's Free Trade Agreement (FTA) with the UK is expected to sign today. Indicating that the economic confidence index to be announced domestically today is important, analysts stated that the BIST 100 index is in the position of resistance at 1.455 and support of 1.390 points.