Stock Market Started the Week with an Increase on January 4

Stock Market Started the Week with an Increase on January 4 Stock market started the week with an increase on January 4. BIST 100 index in Borsa Istanbul increased by 0.55 percent and started the day with 1,484.83 points. On the first trading day of the new year, the BIST 100 index, which gained 8.11 points and 0.55 percent compared to the previous closing, opened with 1,481.83 points. While the banking index gained 0.47 percent at the opening, the holding index gained 0.45 percent. Real estate investment trusts earned the most with 1.59 percent among sector indices, while the only decline was on forest, paper and printing with 0.41 percent. Indicating that the domestic inflation and manufacturing industry Purchasing Managers Index (PMI) data will be monitored today, analysts emphasized that the exchange rates, which continue to trend downward, continues to support the stock markets. It was stated that the manufacturing industry PMI data, which will be announced today, will be at the center of the agenda abroad. On the technical side, analysts stated that the BIST 100 index could reach the resistance levels of 1.490 and 1.520, and the support of 1.420 points.