Stock Market Started the New Week With an Increase on November 9

Stock Market Started the New Week With an Increase on November 9 Stock market started the new week with an Increase on November 9. BIST 100 index in Borsa Istanbul increased by 2.10 percent and started the week with 1,216.96 points. The BIST 100 index, which gained 25.00 points and 2.10 percent at the opening of the day, reached 1,216.96 points. At the opening, the banking index gained 4.47 percent, while the holding index gained 1.46 percent. While banking was the most profitable among sector indices, securities investment trusts fell the most with 0.92 percent. BIST 100 index, which gained 1.01 percent value on Friday last week, closed the day at 1,191.96 points. Thus, the index showed its best performance since the week of April 6, with a weekly increase of 7.15 percent. Employment in the country this week, empoyment, balance of payments, industrial production and the Central Bank of Turkey’s expectations survey will be monitored. Abroad, a busy data agenda will be followed, along with the speeches of US Federal Reserve Governor Jerome Powell, European Central Bank Governor Christine Lagarde and Bank of England Governor Andrew Bailey at the events expected to attend throughout the week. In addition, inflation will be announced in China tomorrow, in the US and Germany on Thursday, and growth data in the Eurozone on Friday. In technical terms, analysts stated that 1.220 and 1.240 levels are in the resistance position and 1.155 points in the support position in the BIST 100 index.