Stock Market Started The Day With An Increase on October 22

Stock Market Started The Day With An Increase on October 22 Stock market started the day with an increase on October 22. BIST 100 index in Borsa Istanbul increased by 0.18 percent and started the day with 1,213.64 points. The BIST 100 index, which gained 2.12 points and 0.18 percent at the beginning of the day, reached 1,213.64 points. While the banking index gained 0.23 percent at the opening, holding index gained 0.16 percent. Among the sector indices, forest, paper and printing were the most profitable with 1.22 percent, while the most loss was recorded on metal main industry with 0.47 percent. The BIST 100 index, which closed with 1,211.51 points on Wednesday, showing an increase of 0.09 percent compared to the previous close, reached the highest closing in the month of 8.5. Stating that uncertainties regarding the incentive package continue in the USA, analysts emphasized that the increase in the number of new coronavirus (Covid-19) cases also reduced the global risk appetite. Reminding that the interest rate decision of the Central Bank will be monitored domestically today, analysts stated that Euro Zone consumer confidence index, the US weekly unemployment applications and the discussion of US President Donald Trump and Democratic presidential candidate Joe Biden, which will take place live tonight will be monitored abroad. In technical terms, analysts stated that if there are closures above 1.225 points in the BIST 100 index, 1.240 resistance may come to the agenda, while 1.200 points are in the support position.