Stock Market Started The Day With An Increase on October 8

Stock Market Started The Day With An Increase on October 8 Stock market started the day with an increase on October 8. BIST 100 index in Borsa Istanbul started the day with 1.156.74 points, gaining 0.38 percent. At the beginning of the day, the BIST 100 index, which gained 4.32 points and 0.38 percent value, reached 1.156.74 points. At the opening, the banking index gained 0.38 percent value; holding index gained 0.51 percent. While all sector indices started the day with a value increase, most profitable sector recorded as forest, paper and printing with 1.39 percent. BIST 100 index, which fluctuated in the band of 1.147-1.157 on Wednesday, closed the day with 1.152.41 points, losing 0.11 percent. It was reported yesterday evening that the US Federal Reserve's emphasis on the continuation of financial support and the statements of US President Donald Trump increased the global risk appetite. On the other hand, analysts reported that the news about geopolitical developments and the new type of coronavirus (Covid-19) vaccine kept its place on the agenda, and that the European Central Bank's meeting will be followed in addition to the weekly unemployment applications in the USA today. In technical terms, analysts pointed out that the level of 1.155 in the BIST 100 index is important, and stated that 1.120 support below this level and 1.180 resistance above this level may come to the fore.