Stock Market Started The Day With An Increase on October 14

Stock Market Started The Day With An Increase on October 14 Stock market started the day with an increase on October 14. In Borsa Istanbul, the BIST 100 index increased by 0.20 percent and opened the day with 1.177.09 points. The BIST 100 index, which gained 2.39 points and 0.20 percent at the beginning of the day, reached 1.177.09 points. At the opening, the banking index gained 0.21 percent, while the holding index gained 0.33 percent. Securities investment trusts earned the most among the sector indices with 2.72 percent, while the highest loss was recorded as food and beverage with 0.91 percent. The lack of positive news in the new type of coronavirus (Covid-19) vaccine studies has led to a decrease in the global risk appetite. Accordingly, BIST 100 index, which moved with a dependence on sellers yesterday, recorded a decrease of 0.31 percent and closed the day with 1,174.70 points. Stating that the studies on the coronavirus (Covid-19) vaccine and the news about the incentive package expected to be implemented in the USA continue to direct the markets, analysts stated that the news about geopolitical developments and presidential elections in the USA are on the agenda. Analysts emphasized that share and sector-based movements may increase due to the balance sheet season that started in the USA, and announced that the Producer Price Index (PPI) in the USA and industrial production data in the Eurozone will be monitored abroad. It was stated that the domestic data agenda seems stable. In technical terms, analysts stated that if 1.180 points are exceeded for the BIST 100 index, 1.200 resistance may come to pass, while 1.150 points are in support.