Stock Market Started the Day With an Increase on November 13
Stock market started the day with an increase on November 13. BIST 100 index in
Borsa Istanbul increased by 0.42 percent and started the day with 1,277.06 points.
The BIST 100 index, which gained 5.31 points and 0.42 percent at the beginning of the day, reached 1.277.06 points.
At the opening, the banking index gained 0.61 percent, while the holding index gained 0.23 percent. Among the sector indices, the highest earning was the IT with 0.79 percent while the most decline was on securities investment partnership with 0.94 percent.
The BIST 100 index, which recorded the highest level in its history with 1,303.81 points yesterday, fell in the second half of the day with profit sales that increased its effect and closed the day with 1,271.75 points, decreasing by 0.58 percent.
It was reported that with the worries about the economic recovery due to the increasing new coronavirus (Covid-19) cases all over the world, domestic markets were positively differentiated at the opening.
Analysts indicating that support for the market experienced a decrease in foreign exchange rate, industrial production and the Central Bank of Turkey (CBRT)’s expectations survey in the country will be monitored today while growth in the Eurozone, the US Producer Price Index (PPI), consumer confidence index will be monitored abroad.
In technical terms, analysts stated that the levels of 1,300 and 1,320 in the
BIST 100 index are in the resistance position and 1,220 points are in the support position.