Stock Market Started The Day With An Increase on October 13
Stock market started the day with an increase on October 13.
BIST 100 index in
Borsa Istanbul increased by 0.22 percent and opened the day with 1,180.92 points.
The BIST 100 index, which gained 2.56 points and 0.22 percent at the beginning of the day, reached 1.180.92 points.
While the banking index gained 0.03 percent at the opening, the holding index gained 0.37 percent. While food and beverage were the most profitable 1.88 percent among the industry indices, the only loss was recorded on insurance with 0.01 percent.
With the increase in risk appetite on Monday, the BIST 100 index, which moved with buyers, showed an increase of 1.09 percent and closed the day with 1,178.35 points.
Today, in addition to geopolitical developments, the uncertain situation regarding the economic stimulus package expected to be implemented in the USA and negative news regarding the Coronavirus (Covid-19) vaccine were reported to have an impact on the markets.
Indicating that the Industrial Production Index data will be monitored domestically today, analysts stated that a dense agenda will be followed, especially in the USA and Germany, and the ZEW Expectation Survey in the Eurozone.
In technical terms, analysts said that if a retention above 1,180 points is achieved for the BIST 100 index, 1,200 resistance may come to the pass, while 1,150 points are in the support position.