Stock Market Started the Day with an Increase on November 18

Stock Market Started the Day with an Increase on November 18 The stock market started the day with an increase on November 18. BIST 100 index in Borsa Istanbul increased by 0.34 percent and started the day with 1,264.06 points. The BIST 100 index, which gained 4.33 points and 0.34 percent at the beginning of the day, reached 1,264.06 points. While the banking index gained 0.77 percent at the opening, the holding index gained 0.23 percent. Among the sector indices, the highest gain was recorded on IT with 1.11 percent while the highest loss was recorded on tourism with 1.54 percent. The BIST 100 index, which continued to decline on Tuesday, with sales increasing especially in the second half of the day, closed the day with 1,259.72 points, down 2.57 percent compared to its previous close. It was reported that the cases of new types of coronavirus (Covid-19) and the new measures accordingly increased the concerns of economic recovery, but the world stock markets fluctuated due to the expectations of incentives. Stating that taking new measures in the epidemic had an important effect on the increase of profit sales in Borsa Istanbul yesterday, analysts stated that the new measures taken were not in a nature to halt the economy, so the upward trend that has been going on since the beginning of November can be maintained. It was stated that today inflation in the UK and the Eurozone and housing starts in the USA will be followed. In technical terms, analysts stated that the support of 1.225 and 1.190 levels in the BIST 100 index is at a resistance position of 1.300 points.