Stock Market Started the Day With an Increase on November 24
Stock market started the day with an increase on November 24. BIST 100 index in
Borsa Istanbul showed an increase of 0.68 percent and started the day with 1.323.16 points.
At the beginning of the day, the BIST 100 index, which gained 8.90 points and 0.68 percent compared to its previous closing, reached 1.323.16 points.
At the opening, the banking index gained 0.74 percent, while the holding index gained 0.56 percent. Among the sector indices, transportation was the most profitable with 1.45 percent, while sports was recorded the most with 0.48 percent.
The BIST 100 index, which recorded an all-time high by seeing 1,336.14 points during the day on Monday, started to decline after this level as a result of the intensification of profit sales in banking stocks. The BIST 100 index, which lost 0.73 percent at the end of the day, closed the day with 1.314.25 points.
It has been reported that the presidential election in the USA is expected to fall off the agenda as a result of Donald Trump's statements, and positive news from the coronavirus vaccine has increased the risk appetite in global markets.
Indicating that the domestic sectoral confidence indices and the manufacturing industry capacity utilization rate will be monitored today, analysts will follow the speech of European Central Bank (ECB) President Christine Lagarde in addition to the third quarter growth in Germany and the consumer confidence index in the USA.
In technical terms, analysts stated that the levels of 1.340 and 1.360 in the
BIST 100 index are in the resistance position and 1.290 points in the support position.