The Stock Market Launched The Day With A Rise on September 22

The Stock Market Launched The Day With A Rise on September 22 The stock market launched the day with a rise on September 22. BIST 100 index in Borsa Istanbul increased by 0.17 percent and started the day with 1,088.91 points. At the beginning of the day BIST 100 index gained 1.88 points and 0.17 percent increased in value and reached 1,088.91 points. While the banking index gained 0.23 percent at the opening; holding index gained 0.30 percent. While tourism earned the most among sector indices with 0.93 percent; The highest decline was recorded on sports with 4.74 percent. BIST 100 index, which fluctuated in the band of 1.095-1.1120 on Tuesday, showed an increase of 0.36 percent compared to its previous closing and closed the day with 1.111.24 points. The BIST 100 index, which lost value in parallel with the European stock markets on Monday, decreased 2.24 percent compared to the previous close and ended the day with 1,087.03 points. Recalling that uncertainties regarding the economy continue and positive news are coming about the treatment of Coronavirus (Covid-19), analysts noted that the increase in the number of cases caused a negative course in the markets. Analysts stated that Consumer Confidence Index will be monitored domestically while Consumer Confidence Index and 2.nd hand housing sales data in the US along with the US Federal Reserve President Jerome Powell’s presentation at the senate will be closely followed abroad. On the other hand, it was reported that the news about the coronavirus (Covid-19) vaccine and the geopolitical developments centered on the Eastern Mediterranean remained at the center of the agenda. Analysts stated that the level of 1,120 is in the resistance position while 1,085 and 1,070 points are in the support position for the BIST 100 index.