Stock Market Started the Day With an Increase on November 4
Stock market started the day with an Increase on November 4.
BIST 100 index in
Borsa Istanbul increased 0.41 percent and started the day with 1.155.48 points.
The BIST 100 index, which gained 4.77 points and 0.41 percent at the beginning of the day, reached 1.155.48 points.
While the banking index lost its value by 0.07 percent at the opening, the holding index gained 0.12 percent. While securities investment trusts earned the most among the sector indices with 2.63 percent, the biggest decline was recorded on metal main industry with 0.37 percent.
Following the Consumer Price Index, which increased by 2.13 percent yesterday, meeting the predictions, the index continued to increase by 1.51 percent and closed the day with 1,150.71 points.
Stating that the presidential election results in the USA are eagerly awaited, analysts said that after Donald Trump won the critical state of Florida, Ohio and Texas, the predictions turned in favor of Trump, however, due to the high number of votes cast by letter, it may take time to obtain final results.
Analysts announced the that service sector Purchasing Managers Index to be announced in the USA and Europe private sector employment and foreign trade balance data in the USA will be monitored.
In technical terms, analysts stated that 1,120 points are in support and 1,155 and 1,180 levels are in the resistance position in the BIST 100 index.