Stock Market Started the Day With an Increase on November 3

Stock Market Started the Day With an Increase on November 3 Stock market started the day with an Increase on November 3. BIST 100 index in Borsa Istanbul increased by 0.44 percent and opened the day with 1.138.60 points. The BIST 100 index, which gained 5.02 points and 0.44 percent value at the beginning of the day, reached 1.138.60 points. While the banking index gained 0.26 percent at the opening, the holding index gained 0.36 percent. While securities investment trusts earned the most in sector indices with 3.71 percent, the only decline was recorded on metal main industry with 0.60 percent. As the manufacturing industry Purchasing Managers Index (PMI) and export figures announced yesterday pointed to the continuation of the recovery in the economy, Borsa Istanbul moved with buyers and the BIST 100 index increased by 1.91 percent and closed the day with 1,133.59 points. It was stated that the presidential election to be held today in the USA today is at the center of the markets. Stating that inflation in the country will be monitored today, and factory orders and durable goods orders in the USA will be monitored abroad, analysts reminded that the news about the coronavirus (Covid-19) outbreak and geopolitical developments will have an impact on the risk perception. From a technical point of view, analysts stated that the level of 1.110 in the BIST 100 index is critical in terms of the medium-term outlook, and that it should be monitored whether the level of 1.140 can be exceeded in rising.