Markets By TradingView

The Stock Market Launched The Day With A Fall on September 17

The stock market launched the day with a Fall on September 17. BIST 100 index in Borsa Istanbul decreased by 0.24 percent and started the day with 1,104.42 points.

Yazar: Eylem Özer

Yayınlanma: 17 Eylül 2020 18:03

Güncellenme: 5 Kasım 2024 18:01

The Stock Market Launched The Day With A Fall on September 17 The stock market launched the day with a Fall on September 17. BIST 100 index in Borsa Istanbul decreased by 0.24 percent and started the day with 1,104.42 points. At the beginning of the day BIST 100 index lost 2.69 points and 0.24 percent decreased in value and 1,104.42 points. While the banking index depreciated by 0.44 percent at the opening; holding index fell 0.52 percent. Among the industry indices, trade was the most profitable with 1.72 percent; The most decline was recorded on sports with 5.14 percent. The BIST 100 index, which saw 1,116.57 points on Wednesday, lost 0.37 percent compared to its previous closing with the sales effect following this level and closed the day with 1,107.11 points. Stating that the US Federal Reserve (FED) and the Bank of Japan did not change interest rates in line with the expectations yesterday, analysts noted that uncertainties regarding the economy continued, especially after the decision of the FED and the statements of FED President Jerome Powell. Pointing out that despite the positive developments regarding the coronavirus (Covid-19) vaccine, the global risk appetite has decreased relatively, analysts announced that inflation in the Eurozone and unemployment pension applications in the USA will be monitored, as well as the interest rate decision of the Bank of England (BoE). Analysts stated that the level of 1,120 is in the resistance position and 1,090 points in the support position in the BIST 100 index.
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